Amazon.com Inc (AMZN)
Quick ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 78,779,000 | 75,091,000 | 71,178,000 | 72,852,000 | 73,387,000 | 49,605,000 | 49,529,000 | 49,343,000 | 53,888,000 | 34,947,000 | 37,478,000 | 36,393,000 | 36,220,000 | 29,944,000 | 40,380,000 | 33,834,000 | 42,122,000 | 29,930,000 | 37,466,000 | 27,201,000 |
| Short-term investments | US$ in thousands | 22,423,000 | 12,960,000 | 17,914,000 | 12,222,000 | 13,393,000 | 14,564,000 | 14,441,000 | 15,062,000 | 16,138,000 | 23,715,000 | 23,232,000 | 29,992,000 | 59,829,000 | 49,044,000 | 49,514,000 | 39,436,000 | 42,274,000 | 38,472,000 | 33,925,000 | 22,091,000 |
| Receivables | US$ in thousands | 55,451,000 | 51,638,000 | 50,106,000 | 47,768,000 | 52,253,000 | 43,420,000 | 39,925,000 | 37,646,000 | 42,360,000 | 36,154,000 | 34,804,000 | 32,504,000 | 32,891,000 | 28,610,000 | 26,835,000 | 24,289,000 | 24,542,000 | 20,832,000 | 19,918,000 | 17,836,000 |
| Total current liabilities | US$ in thousands | 179,431,000 | 161,477,000 | 158,172,000 | 152,965,000 | 164,917,000 | 145,214,000 | 148,238,000 | 147,570,000 | 155,393,000 | 140,363,000 | 140,291,000 | 139,508,000 | 142,266,000 | 123,994,000 | 117,792,000 | 115,404,000 | 126,385,000 | 101,912,000 | 93,896,000 | 79,711,000 |
| Quick ratio | 0.87 | 0.87 | 0.88 | 0.87 | 0.84 | 0.74 | 0.70 | 0.69 | 0.72 | 0.68 | 0.68 | 0.71 | 0.91 | 0.87 | 0.99 | 0.85 | 0.86 | 0.88 | 0.97 | 0.84 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($78,779,000K
+ $22,423,000K
+ $55,451,000K)
÷ $179,431,000K
= 0.87
The quick ratio of Amazon.com Inc has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.
Initially, the quick ratio was at 0.84 on March 31, 2020, indicating that Amazon's short-term liquidity position was lower as its current liabilities exceeded its quick assets. The ratio improved to 0.97 by June 30, 2020, showing that the company's ability to meet short-term obligations had strengthened. However, the ratio decreased in the following quarters, reaching a low of 0.68 by June 30, 2022.
From June 30, 2022, the quick ratio began to gradually increase again, indicating an improvement in Amazon's short-term liquidity position. By December 31, 2024, the quick ratio stabilized at 0.87. This suggests that Amazon has a sufficient level of quick assets to cover its current liabilities and indicates a reasonable level of liquidity.
Overall, while the quick ratio of Amazon.com Inc has experienced fluctuations, it has generally stayed within a range that suggests the company has been able to manage its short-term financial obligations effectively over the analyzed period.
Peer comparison
Dec 31, 2024