Extreme Networks Inc (EXTR)
Quick ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 231,745 | 156,699 | 234,826 | 194,522 | 246,894 |
| Short-term investments | US$ in thousands | — | — | — | 1,314 | — |
| Receivables | US$ in thousands | 126,708 | 89,518 | 182,045 | 184,097 | 156,476 |
| Total current liabilities | US$ in thousands | 587,875 | 517,588 | 575,501 | 500,181 | 455,700 |
| Quick ratio | 0.61 | 0.48 | 0.72 | 0.76 | 0.89 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($231,745K
+ $—K
+ $126,708K)
÷ $587,875K
= 0.61
The quick ratio of Extreme Networks Inc. demonstrates a declining trend over the analyzed period from June 30, 2021 to June 30, 2024, with a slight recovery observed in June 30, 2025. Specifically, the quick ratio decreased from 0.89 in June 2021 to 0.76 in June 2022, and further declined to 0.72 by June 2023. The ratio continued to deteriorate, reaching a low of 0.48 in June 2024, indicating a significant reduction in the company's ability to meet its short-term obligations with its most liquid assets. In June 2025, there was a modest increase to 0.61, suggesting a slight improvement in liquidity, yet the ratio remains below the generally acceptable threshold of 1.0. This trend reflects a decreasing liquidity position over the period, signaling potential challenges in promptly covering current liabilities without relying on inventory or other less liquid assets.
Peer comparison
Jun 30, 2025