Genpact Limited (G)
Cash ratio
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 648,246 | 1,022,650 | 914,171 | 478,398 | 583,670 | 541,004 | 491,308 | 552,281 | 646,765 | 518,680 | 460,376 | 861,760 | 899,458 | 922,475 | 752,580 | 644,002 | 680,440 | 803,399 | 867,363 | 401,624 |
| Short-term investments | US$ in thousands | 23,359 | — | — | — | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 963,739 | 1,294,730 | 1,197,680 | 1,185,400 | 1,317,930 | 978,958 | 931,443 | 944,524 | 1,103,320 | 1,633,110 | 1,091,290 | 1,383,290 | 1,308,800 | 1,312,350 | 1,240,710 | 843,738 | 1,202,640 | 1,146,650 | 1,283,320 | 944,057 |
| Cash ratio | 0.70 | 0.79 | 0.76 | 0.40 | 0.44 | 0.55 | 0.53 | 0.58 | 0.59 | 0.32 | 0.42 | 0.62 | 0.69 | 0.70 | 0.61 | 0.76 | 0.57 | 0.70 | 0.68 | 0.43 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($648,246K
+ $23,359K)
÷ $963,739K
= 0.70
The cash ratio of Genpact Limited has shown fluctuations over the periods analyzed. It started at 0.43 as of March 31, 2020, showing a relatively low level of cash compared to current liabilities.
The ratio improved in subsequent periods, reaching its peak of 0.79 as of September 30, 2024, indicating an increased ability to cover short-term obligations with cash on hand.
However, there were periods of decline in the cash ratio, such as the drop to 0.32 as of September 30, 2022, which might indicate potential liquidity concerns during that period.
Overall, the trend in the cash ratio suggests that Genpact Limited has actively managed its cash position to ensure it can meet its short-term obligations, though fluctuations indicate periodic variations in liquidity levels.
Peer comparison
Dec 31, 2024