Cisco Systems Inc (CSCO)
Current ratio
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 35,341,000 | 32,816,000 | 34,681,000 | 35,752,000 | 36,862,000 | 36,862,000 | 35,886,000 | 35,886,000 | 42,127,000 | 42,127,000 | 39,659,000 | 39,659,000 | 43,348,000 | 43,348,000 | 39,950,000 | 39,950,000 | 38,515,000 | 38,515,000 | 36,141,000 | 36,141,000 |
| Total current liabilities | US$ in thousands | 35,064,000 | 34,495,000 | 40,019,000 | 40,542,000 | 40,584,000 | 40,584,000 | 40,108,000 | 40,108,000 | 30,851,000 | 30,851,000 | 27,035,000 | 27,035,000 | 31,309,000 | 31,309,000 | 28,719,000 | 28,719,000 | 27,252,000 | 27,252,000 | 24,896,000 | 24,896,000 |
| Current ratio | 1.01 | 0.95 | 0.87 | 0.88 | 0.91 | 0.91 | 0.89 | 0.89 | 1.37 | 1.37 | 1.47 | 1.47 | 1.38 | 1.38 | 1.39 | 1.39 | 1.41 | 1.41 | 1.45 | 1.45 |
July 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $35,341,000K ÷ $35,064,000K
= 1.01
The analysis of Cisco Systems Inc.’s current ratio over the observed period indicates a general trend of declining liquidity position from late 2022 through mid-2024, followed by a slight recovery thereafter.
Initially, the current ratio remained stable at 1.45 in October 2022, maintaining this level through January 2023. By April 2023, the ratio slightly decreased to 1.39, and it continued to decline gradually, reaching 1.38 by July 2023. These figures suggest a modest but consistent reduction in the company's ability to meet short-term liabilities with its short-term assets during this period.
In late October 2023, the current ratio experienced a notable increase to 1.47, suggesting an improvement in the short-term liquidity position. However, this positive shift was short-lived as the ratio declined again to 1.37 by January 2024, indicating a further weakening of liquidity.
The downward trend became more pronounced in the subsequent period, with the current ratio falling sharply to 0.89 in April 2024. This value indicates a significant deterioration in liquidity, as current liabilities likely exceeded current assets. The figure marginally increased to approximately 0.91 in July 2024, and further to 0.88 in October 2024, emphasizing continued liquidity challenges.
Looking forward, projections show small improvements, with the ratio rising to 0.95 in April 2025 and reaching 1.01 by July 2025. These increases point towards a potential stabilization or slight enhancement in short-term liquidity.
Overall, the trend illustrates periods of both deterioration and recovery in Cisco's short-term liquidity position, with the latest figures suggesting a cautiously optimistic outlook should the upward movements persist.
Peer comparison
Jul 31, 2025