Corsair Gaming Inc (CRSR)
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 | 107,011 | 58,911 | 94,344 | 129,942 | 175,620 | 144,891 | 181,100 | 179,147 | 153,827 | 61,451 | 35,851 | 29,049 | 65,149 | 71,922 | 134,572 | 121,622 | 133,338 | 116,185 | 107,421 | 46,728 |
| Short-term investments | US$ in thousands | — | — | — | — | — | 28,798 | — | — | — | — | — | — | 12,968 | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 396,313 | 361,124 | 322,730 | 342,101 | 418,487 | 394,722 | 365,735 | 348,892 | 342,998 | 325,038 | 356,533 | 384,764 | 446,747 | 475,551 | 494,029 | 499,270 | 505,381 | 444,357 | 365,588 | 257,652 |
| Cash ratio | 0.27 | 0.16 | 0.29 | 0.38 | 0.42 | 0.44 | 0.50 | 0.51 | 0.45 | 0.19 | 0.10 | 0.08 | 0.17 | 0.15 | 0.27 | 0.24 | 0.26 | 0.26 | 0.29 | 0.18 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($107,011K
+ $—K)
÷ $396,313K
= 0.27
The cash ratio of Corsair Gaming Inc has fluctuated over the period from March 31, 2020, to December 31, 2024. It started at 0.18 on March 31, 2020, improved to 0.51 by March 31, 2023, and then decreased slightly to 0.27 by December 31, 2024. The company's cash ratio generally stayed above 0.2 during this period, indicating that it had a reasonable level of cash relative to its current liabilities. However, the ratio dipped to 0.08 on March 31, 2022, but recovered in the following periods. The highest cash ratio was observed on March 31, 2023, which indicates a stronger liquidity position for the company at that point in time. Overall, Corsair Gaming Inc maintained a relatively healthy cash position over the period under consideration, although there were some fluctuations that might require further analysis.
Peer comparison
Dec 31, 2024