CSG Systems International Inc (CSGS)

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	161,789	118,444	110,435	120,810	186,264	146,730	146,212	167,681	150,365	146,685	133,770	181,457	205,635	195,365	163,768	150,609	188,699	174,489	144,019	107,744
Short-term investments	US$ in thousands	—	—	—	—	186,264	146,730	146,212	167,681	71	575	1,265	6,133	28,037	29,175	48,325	54,539	51,598	37,605	27,183	23,529
Total current liabilities	US$ in thousands	615,209	499,509	476,444	421,167	560,836	461,533	431,102	441,735	527,209	445,380	683,437	646,877	695,102	663,241	623,239	587,733	420,015	357,386	370,767	344,803
Cash ratio		0.26	0.24	0.23	0.29	0.66	0.64	0.68	0.76	0.29	0.33	0.20	0.29	0.34	0.34	0.34	0.35	0.57	0.59	0.46	0.38

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($161,789K + $—K) ÷ $615,209K
= 0.26

The cash ratio of CSG Systems International Inc has shown fluctuation over the periods mentioned. The ratio provides insight into the company's ability to cover its short-term liabilities with its cash and cash equivalents.

In the most recent period, as of December 31, 2024, the cash ratio stood at 0.26, indicating that the company had $0.26 in cash and cash equivalents for every $1 of current liabilities.

The lowest cash ratio was observed on June 30, 2022, at 0.20, possibly indicating a temporary liquidity strain.

Conversely, the highest cash ratio was recorded on March 31, 2023, at 0.76, signifying a strong ability to meet short-term obligations with available cash.

Overall, fluctuations in the cash ratio may stem from changes in the company's cash position, management of current liabilities, or variations in business operations affecting liquidity. Monitoring these ratios can provide valuable insights into the company's financial health and liquidity management.