Domino's Pizza Inc Common Stock (DPZ)
Quick ratio
| Dec 31, 2024 | Sep 8, 2024 | Jun 16, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 10, 2023 | Jun 18, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 11, 2022 | Jun 19, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 12, 2021 | Jun 20, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 6, 2020 | Jun 14, 2020 | Mar 22, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 186,126 | 189,084 | 283,699 | 203,894 | 114,098 | 80,879 | 77,020 | 154,193 | 60,356 | 114,776 | 114,353 | 164,962 | 148,160 | 295,352 | 292,095 | 267,719 | 168,821 | 330,719 | 247,952 | 200,801 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | 13,395 | — | — | — | 15,433 | — | — | 82,500 | 13,251 | — | — | — |
| Receivables | US$ in thousands | 309,104 | 278,707 | 285,961 | 285,609 | 282,809 | 249,995 | 260,024 | 259,163 | 257,492 | — | — | 246,978 | 255,327 | — | — | 235,789 | 244,560 | — | — | — |
| Total current liabilities | US$ in thousands | 1,612,460 | 510,508 | 507,828 | 509,593 | 547,350 | 562,941 | 547,528 | 556,365 | 536,621 | 578,737 | 575,449 | 594,824 | 590,741 | 596,354 | 554,354 | 501,835 | 470,819 | 488,525 | 459,868 | 452,169 |
| Quick ratio | 0.31 | 0.92 | 1.12 | 0.96 | 0.73 | 0.59 | 0.62 | 0.74 | 0.62 | 0.20 | 0.20 | 0.69 | 0.71 | 0.50 | 0.53 | 1.17 | 0.91 | 0.68 | 0.54 | 0.44 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($186,126K
+ $—K
+ $309,104K)
÷ $1,612,460K
= 0.31
The quick ratio of Domino's Pizza Inc Common Stock has fluctuated over the past few years, ranging from a low of 0.20 to a high of 1.17. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio of less than 1 indicates that the company may have difficulty meeting its short-term liabilities, while a ratio greater than 1 suggests that the company is able to cover its short-term obligations.
The quick ratio of Domino's Pizza Inc Common Stock was below 1 for most of the periods analyzed, indicating potential liquidity challenges. The lowest quick ratio of 0.20 in June 19, 2022, raises concerns about the company's ability to meet its immediate financial obligations.
However, there were periods where the quick ratio improved, such as in March 31, 2021, and June 16, 2024, where the quick ratio exceeded 1, suggesting improved liquidity and ability to cover short-term liabilities. Overall, it is important for investors and stakeholders to closely monitor the quick ratio of Domino's Pizza Inc Common Stock to assess its liquidity position and ability to manage short-term financial obligations effectively.
Peer comparison
Dec 31, 2024