Arlo Technologies (ARLO)
Cash 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 and cash equivalents | US$ in thousands | 82,032 | 77,032 | 62,928 | 62,054 | 56,522 | 51,133 | 61,951 | 66,970 | 84,024 | 80,773 | 85,537 | 100,975 | 175,749 | 166,057 | 178,698 | 172,113 | 186,127 | 173,619 | 185,424 | 176,425 |
| Short-term investments | US$ in thousands | 69,419 | 69,542 | 81,077 | 80,809 | 79,974 | 74,916 | 61,724 | 51,703 | 29,700 | 44,499 | 49,721 | 44,566 | 0 | 0 | 0 | 5,000 | 19,997 | 19,992 | 20,030 | 30,157 |
| Total current liabilities | US$ in thousands | 176,762 | 197,274 | 177,613 | 170,372 | 161,451 | 186,156 | 167,077 | 149,422 | 162,278 | 211,113 | 173,231 | 176,503 | 210,929 | 194,723 | 188,355 | 179,430 | 237,346 | 211,752 | 200,103 | 190,545 |
| Cash ratio | 0.86 | 0.74 | 0.81 | 0.84 | 0.85 | 0.68 | 0.74 | 0.79 | 0.70 | 0.59 | 0.78 | 0.82 | 0.83 | 0.85 | 0.95 | 0.99 | 0.87 | 0.91 | 1.03 | 1.08 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($82,032K
+ $69,419K)
÷ $176,762K
= 0.86
The cash ratio of Arlo Technologies has shown a fluctuating trend over the reported periods. Starting at 1.08 on March 31, 2020, the cash ratio gradually decreased to 0.78 on June 30, 2022. During this period, the company's ability to cover its short-term liabilities with its cash and cash equivalents declined.
After June 30, 2022, the cash ratio demonstrated some volatility, reaching its lowest point of 0.59 on September 30, 2022. This could indicate potential liquidity challenges or a shift in the company's cash management strategies.
Although there were fluctuations, the cash ratio generally remained below 1, suggesting that Arlo Technologies may have had difficulties meeting its short-term liabilities purely with its cash reserves.
Investors and stakeholders may want to closely monitor the company's future cash ratio trends to assess its liquidity position and financial health.
Peer comparison
Dec 31, 2024