Dynavax Technologies Corporation (DVAX)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 95,883 | 150,279 | 202,004 | 436,189 | 32,073 |
| Short-term investments | US$ in thousands | 617,951 | 592,023 | 422,391 | 109,761 | 132,963 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 78,634 | 62,195 | 150,074 | 556,402 | 77,411 |
| Quick ratio | 9.08 | 11.94 | 4.16 | 0.98 | 2.13 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($95,883K
+ $617,951K
+ $—K)
÷ $78,634K
= 9.08
The quick ratio for Dynavax Technologies Corporation has shown significant fluctuations over the years. Starting at 2.13 in December 31, 2020, the ratio decreased to 0.98 by December 31, 2021, indicating a potential liquidity concern. However, there was a notable improvement in liquidity as the ratio surged to 4.16 by December 31, 2022. This trend continued with a further increase to 11.94 as of December 31, 2023, indicating a substantial increase in the company's ability to meet its short-term obligations using its most liquid assets. By December 31, 2024, the ratio slightly declined to 9.08, still reflecting a strong liquidity position. Overall, the quick ratio has varied significantly, potentially signaling fluctuations in the company's short-term liquidity position.
Peer comparison
Dec 31, 2024