Maplebear Inc. Common Stock (CART)

Cash ratio

Sep 30, 2024 Jun 30, 2024
Cash and cash equivalents US$ in thousands 1,288,000 1,434,000
Short-term investments US$ in thousands 20,000 9,000
Total current liabilities US$ in thousands 820,000 750,000
Cash ratio 1.60 1.92

September 30, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,288,000K + $20,000K) ÷ $820,000K
= 1.60