Alphabet Inc Class C (GOOG)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 23,466,000 | 24,048,000 | 21,879,000 | 20,945,000 | 26,465,000 |
| Short-term investments | US$ in thousands | 72,191,000 | 86,868,000 | 91,883,000 | 118,704,000 | 110,229,000 |
| Receivables | US$ in thousands | 52,340,000 | 47,964,000 | 40,258,000 | 40,270,000 | 31,384,000 |
| Total current liabilities | US$ in thousands | 89,122,000 | 81,814,000 | 69,300,000 | 64,254,000 | 56,834,000 |
| Quick ratio | 1.66 | 1.94 | 2.22 | 2.80 | 2.96 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($23,466,000K
+ $72,191,000K
+ $52,340,000K)
÷ $89,122,000K
= 1.66
The quick ratio of Alphabet Inc Class C has exhibited a generally decreasing trend over the analyzed period, starting at 2.96 on December 31, 2020, and decreasing to 1.66 by December 31, 2024. This indicates a potential decline in the company's ability to meet its short-term obligations using its most liquid assets. Although the quick ratio remains above 1, suggesting Alphabet Inc Class C still has an adequate level of liquid assets to cover its current liabilities, the downward trend should be monitored closely to ensure the company maintains a healthy liquidity position.
Peer comparison
Dec 31, 2024