Dynatrace Holdings LLC (DT)

Quick ratio

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash	US$ in thousands	778,983	555,348	462,967	324,962	213,170
Short-term investments	US$ in thousands	57,891	0	—	—	—
Receivables	US$ in thousands	613,578	446,064	391,389	283,954	204,547
Total current liabilities	US$ in thousands	1,258,550	1,037,040	865,599	647,911	490,183
Quick ratio		1.15	0.97	0.99	0.94	0.85

March 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($778,983K + $57,891K + $613,578K) ÷ $1,258,550K
= 1.15

The quick ratio of Dynatrace Holdings LLC has shown a generally increasing trend over the past five years, indicating an improving liquidity position. As of March 31, 2024, the quick ratio stands at 1.15, reflecting the company's ability to cover its immediate short-term liabilities with highly liquid assets. This suggests that Dynatrace Holdings LLC has a stronger ability to meet its short-term obligations using its liquid assets compared to previous years. The upward trajectory of the quick ratio indicates a positive trend towards better liquidity management and financial health for the company.