Domino's Pizza Inc Common Stock (DPZ)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 186,126 | 114,098 | 60,356 | 148,160 | 168,821 |
| Short-term investments | US$ in thousands | — | — | 13,395 | 15,433 | 13,251 |
| Total current liabilities | US$ in thousands | 1,612,460 | 547,350 | 536,621 | 590,741 | 470,819 |
| Cash ratio | 0.12 | 0.21 | 0.14 | 0.28 | 0.39 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($186,126K
+ $—K)
÷ $1,612,460K
= 0.12
The cash ratio of Domino's Pizza Inc Common Stock has shown a declining trend over the years, dropping from 0.39 as of December 31, 2020, to 0.12 as of December 31, 2024. This indicates that the company's ability to cover its current liabilities solely with its cash and cash equivalents has weakened significantly. A lower cash ratio may imply potential difficulties in meeting short-term obligations or managing unexpected cash needs. Investors and analysts may need to closely monitor the company's cash position and liquidity management strategies to assess its financial health and ability to navigate any challenges ahead.
Peer comparison
Dec 31, 2024