Box Inc (BOX)
Cash ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 624,575 | 383,742 | 428,465 | 416,274 | 595,082 |
| Short-term investments | US$ in thousands | 98,241 | 96,948 | 32,783 | 170,000 | 0 |
| Total current liabilities | US$ in thousands | 922,076 | 679,280 | 715,827 | 718,975 | 612,839 |
| Cash ratio | 0.78 | 0.71 | 0.64 | 0.82 | 0.97 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($624,575K
+ $98,241K)
÷ $922,076K
= 0.78
The cash ratio for Box Inc has shown a declining trend over the past five years. Starting at 0.97 on January 31, 2021, it decreased to 0.82 on January 31, 2022, then further dropped to 0.64 on January 31, 2023. There was a slight increase to 0.71 on January 31, 2024, followed by another uptick to 0.78 on January 31, 2025. These ratios indicate that Box Inc has a decreasing ability to cover its short-term liabilities with its available cash and cash equivalents over the years. It is important for the company to closely monitor and manage its liquidity position to ensure it can meet its financial obligations in a timely manner.
Peer comparison
Jan 31, 2025