Dynatrace Holdings LLC (DT)

Cash ratio

		Mar 31, 2025	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
Cash and cash equivalents	US$ in thousands	1,017,040	907,482	907,177	930,315	778,983	782,649	701,524	700,703	555,348	422,451	563,430	571,345	462,967	408,723	370,319	387,218	324,962	299,505	248,437	250,377
Short-term investments	US$ in thousands	96,189	100,225	97,834	82,210	57,891	—	—	—	0	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	US$ in thousands	1,381,290	1,048,570	1,047,900	1,051,230	1,258,550	958,588	856,366	899,953	1,037,040	831,017	708,913	749,380	865,599	713,155	594,093	598,872	647,911	550,303	451,535	441,189
Cash ratio		0.81	0.96	0.96	0.96	0.66	0.82	0.82	0.78	0.54	0.51	0.79	0.76	0.53	0.57	0.62	0.65	0.50	0.54	0.55	0.57

March 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,017,040K + $96,189K) ÷ $1,381,290K
= 0.81

The cash ratio of Dynatrace Holdings LLC shows a fluctuating trend over the past few years, indicating the company's ability to cover its short-term liabilities with its available cash and cash equivalents. The ratio ranged from a low of 0.50 on March 31, 2021, to a high of 0.96 on multiple occasions, including June 30, 2024, September 30, 2024, December 31, 2024, and March 31, 2025.

A cash ratio above 1 indicates that a company has more cash on hand than its current liabilities, suggesting strong liquidity. Dynatrace's cash ratio remained consistently above 0.5 throughout the period, demonstrating a generally healthy liquidity position. However, the ratio's fluctuations highlight potential variability in the company's ability to meet short-term obligations solely with cash reserves.

Overall, the upward trend in the cash ratio towards the end of the period, reaching 0.96 on multiple occasions, indicates an improvement in Dynatrace's ability to cover its short-term liabilities with cash, signaling enhanced liquidity and financial strength.