Dynatrace Holdings LLC (DT)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — |
Receivables | US$ in thousands | 624,437 | 391,578 | 303,341 | 244,996 | 613,578 | 361,653 | 262,733 | 238,275 | 442,518 | 304,411 | 185,728 | 191,836 | 350,666 | 264,293 | 149,801 | 134,003 | 242,079 | 200,849 | 110,251 | 93,763 |
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 |
Quick ratio | 1.26 | 1.33 | 1.25 | 1.20 | 1.15 | 1.19 | 1.13 | 1.04 | 0.96 | 0.87 | 1.06 | 1.02 | 0.94 | 0.94 | 0.88 | 0.87 | 0.88 | 0.91 | 0.79 | 0.78 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,017,040K
+ $96,189K
+ $624,437K)
÷ $1,381,290K
= 1.26
The quick ratio of Dynatrace Holdings LLC has shown a fluctuating trend over the past five years, indicating varying levels of liquidity. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets.
From June 30, 2020, to March 31, 2022, the quick ratio remained below 1, indicating that the company may have struggled to cover its current liabilities with its liquid assets alone. However, starting from June 30, 2022, the quick ratio improved consistently, surpassing 1 and reaching a peak of 1.33 as of December 31, 2024. This suggests that the company's liquidity position strengthened over this period.
The quick ratio above 1 means that the company held more liquid assets than current liabilities, which may indicate a healthier financial position. A quick ratio of 1 or higher is generally considered a good indication of a company's liquidity and ability to meet its short-term obligations promptly.
Overall, the upward trend in Dynatrace Holdings LLC's quick ratio signals an improvement in its liquidity position and suggests a better ability to cover its short-term liabilities with its liquid assets in the recent periods. It is essential for the company to maintain a healthy quick ratio to ensure financial stability and meet its short-term obligations efficiently.
Peer comparison
Mar 31, 2025