Avnet Inc (AVT)
Cash ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 192,428 | 310,941 | 288,230 | 153,693 | 199,691 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 4,128,100 | 4,465,270 | 4,249,380 | 4,251,650 | 3,055,240 |
| Cash ratio | 0.05 | 0.07 | 0.07 | 0.04 | 0.07 |
June 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($192,428K
+ $—K)
÷ $4,128,100K
= 0.05
The cash ratio of Avnet Inc demonstrates minimal variation over the specified period from June 30, 2021, to June 30, 2025. The ratio remained relatively stable at 0.07 in 2021, declined sharply to 0.04 in 2022, and then reverted to 0.07 in 2023, maintaining that level through 2024 before decreasing slightly to 0.05 in 2025. This pattern indicates that the company's ability to meet its short-term obligations with its most liquid assets has generally been low, with a noticeable dip in 2022. The stability at or near 0.07 for most of the observed years suggests a consistent but limited reliance on cash or cash equivalents to cover current liabilities, reflecting a conservative liquidity position with limited immediate liquidity relative to current liabilities. The slight decrease in 2025 may imply a marginal reduction in cash holdings relative to current liabilities, but overall, the cash ratio remains substantially below 1, indicating a reliance on other forms of current assets for short-term liquidity.
Peer comparison
Jun 30, 2025