Amphenol Corporation (APH)
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 | 3,317,000 | 1,563,000 | 1,252,500 | 1,857,100 | 1,475,000 | 1,481,500 | 1,325,100 | 1,391,100 | 1,373,100 | 1,189,000 | 1,215,200 | 1,247,500 | 1,197,100 | 1,268,100 | 1,209,400 | 2,327,600 | 1,702,000 | 1,420,500 | 1,288,300 | 2,372,300 |
| Short-term investments | US$ in thousands | 18,400 | 20,300 | 49,700 | 106,400 | 185,200 | 252,500 | 177,900 | 107,600 | 61,100 | 63,000 | 119,200 | 52,100 | 44,300 | 34,400 | 33,200 | 33,600 | 36,100 | 35,700 | 25,700 | 11,300 |
| Receivables | US$ in thousands | 3,287,900 | 3,130,300 | 2,855,500 | 2,501,400 | 2,618,400 | 2,571,200 | 2,443,500 | 2,411,900 | 2,631,300 | 2,640,100 | 2,571,600 | 2,422,100 | 2,454,800 | 2,204,500 | 2,072,800 | 1,931,800 | 1,951,600 | 1,880,300 | 1,658,300 | 1,540,500 |
| Total current liabilities | US$ in thousands | 4,083,800 | 3,901,700 | 3,455,800 | 3,423,100 | 3,152,700 | 2,908,800 | 2,709,700 | 2,426,200 | 2,676,100 | 2,654,900 | 2,580,700 | 2,397,200 | 2,447,100 | 2,885,000 | 2,996,500 | 2,547,900 | 2,304,300 | 2,215,000 | 1,785,200 | 2,170,200 |
| Quick ratio | 1.62 | 1.21 | 1.20 | 1.30 | 1.36 | 1.48 | 1.46 | 1.61 | 1.52 | 1.47 | 1.51 | 1.55 | 1.51 | 1.22 | 1.11 | 1.68 | 1.60 | 1.51 | 1.66 | 1.81 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($3,317,000K
+ $18,400K
+ $3,287,900K)
÷ $4,083,800K
= 1.62
The quick ratio of Amphenol Corporation has shown 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.
Initially, the quick ratio was relatively high at 1.81 on March 31, 2020, indicating the company had a strong ability to cover its short-term liabilities with liquid assets. However, there was a slight decline to 1.11 on June 30, 2021, suggesting a potential liquidity concern during that period.
The ratio improved in the following quarters, reaching 1.61 on March 31, 2023, indicating a better ability to meet short-term obligations with liquid assets. However, there was a decline to 1.20 on June 30, 2024, which may point to a decrease in liquidity during that period.
Overall, despite some fluctuations, Amphenol Corporation has generally maintained a quick ratio above 1, indicating the company's ability to cover its short-term liabilities with its quick assets. Investors and stakeholders should continue monitoring the quick ratio to assess the company's liquidity position effectively.