Cisco Systems Inc (CSCO)

Cash ratio

Jul 27, 2024 Apr 27, 2024 Jan 27, 2024 Oct 28, 2023 Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 23, 2021 Oct 24, 2020 Jul 25, 2020 Apr 25, 2020 Jan 25, 2020 Oct 26, 2019
Cash and cash equivalents US$ in thousands 7,508,000 8,913,000 13,715,000 9,602,000 10,123,000 8,044,000 9,009,000 7,292,000 7,079,000 6,952,000 6,731,000 7,619,000 9,175,000 7,350,000 11,793,000 10,822,000 11,809,000 10,366,000 8,475,000 8,587,000
Short-term investments US$ in thousands 10,346,000 9,857,000 11,956,000 13,921,000 16,023,000 15,244,000 13,052,000 12,492,000 12,188,000 13,156,000 14,382,000 15,727,000 15,343,000 16,229,000 18,795,000 19,190,000 17,610,000 18,208,000 18,587,000 19,448,000
Total current liabilities US$ in thousands 40,584,000 40,108,000 30,851,000 27,035,000 31,309,000 28,719,000 27,252,000 24,896,000 25,640,000 24,150,000 25,915,000 23,238,000 26,257,000 24,262,000 27,268,000 26,991,000 25,331,000 25,937,000 22,088,000 24,597,000
Cash ratio 0.44 0.47 0.83 0.87 0.84 0.81 0.81 0.79 0.75 0.83 0.81 1.00 0.93 0.97 1.12 1.11 1.16 1.10 1.23 1.14

July 27, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($7,508,000K + $10,346,000K) ÷ $40,584,000K
= 0.44

The cash ratio of Cisco Systems Inc has shown some fluctuations over the past few quarters. The cash ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents.

Looking at the data provided, the cash ratio ranged from 0.44 to 1.23 over the last few quarters. Generally, a higher cash ratio indicates a stronger ability to cover short-term obligations.

In the most recent quarter, the cash ratio was 0.44, which indicates that Cisco Systems Inc had $0.44 in cash and cash equivalents for every $1 of short-term liabilities. This suggests a lower level of liquidity compared to the previous quarters.

It's important to note that a very high cash ratio may also indicate an inefficient use of resources, as excess cash is not being utilized for investments or operations.

Overall, while the cash ratio of Cisco Systems Inc has shown some variability, it is essential to consider other financial metrics and factors in conjunction with the cash ratio to get a comprehensive understanding of the company's financial health and liquidity position.


Peer comparison

Jul 27, 2024


See also:

Cisco Systems Inc Cash Ratio (Quarterly Data)