Cirrus Logic Inc (CRUS)

Cash ratio

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Sep 23, 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
Cash and cash equivalents	US$ in thousands	539,620	526,444	445,759	491,351	502,764	483,931	277,805	277,805	352,346	445,784	434,544	355,043	379,335	369,814	195,121	386,741	385,127	442,164	327,294	247,536
Short-term investments	US$ in thousands	56,160	37,535	32,499	25,680	23,778	32,842	34,636	34,636	35,765	34,978	28,373	23,869	18,397	10,601	3,719	8,152	60,503	55,697	43,289	36,641
Total current liabilities	US$ in thousands	195,188	210,913	229,276	201,742	186,393	178,594	201,190	201,190	202,854	216,340	228,549	282,365	252,596	264,783	239,514	500,381	186,501	213,610	184,855	178,043
Cash ratio		3.05	2.67	2.09	2.56	2.82	2.89	1.55	1.55	1.91	2.22	2.03	1.34	1.57	1.44	0.83	0.79	2.39	2.33	2.00	1.60

March 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($539,620K + $56,160K) ÷ $195,188K
= 3.05

The cash ratio of Cirrus Logic Inc has shown fluctuations over the past few years, ranging from a low of 0.79 in September 2021 to a high of 3.05 in March 2025. The cash ratio measures the company's ability to cover its short-term liabilities with its available cash and cash equivalents. A higher cash ratio indicates a stronger ability to meet short-term obligations without relying on external sources of funding.

In the most recent period, the cash ratio stood at 3.05 as of March 31, 2025, indicating that Cirrus Logic Inc had $3.05 in cash and cash equivalents for every $1 of current liabilities. This suggests that the company has a robust liquidity position and is well-positioned to meet its short-term obligations.

Overall, the trend in Cirrus Logic Inc's cash ratio shows that the company has been effectively managing its cash resources over the analyzed period, with periods of both lower and higher ratios. Investors and analysts typically look at the cash ratio as part of a comprehensive analysis of a company's financial health and liquidity position.