ZoomInfo Technologies Inc. (GTM)
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 | 138,500 | 139,900 | 147,700 | 385,900 | 405,900 | 447,300 | 442,600 | 509,700 | 474,000 | 418,000 | 406,300 | 352,700 | 394,400 | 308,300 | 196,800 | 332,900 | 229,100 | 269,800 | 304,900 | 259,100 |
| Short-term investments | US$ in thousands | 2,000 | 0 | 0 | 13,400 | 34,300 | 82,200 | 125,300 | 150,600 | 141,800 | 127,700 | 32,400 | 12,900 | 12,400 | 18,400 | 36,500 | 66,800 | 124,600 | 30,600 | — | — |
| Receivables | US$ in thousands | 2,967,500 | 257,500 | 2,957,900 | 195,400 | 237,700 | 277,900 | 231,800 | 211,400 | 221,100 | 222,900 | 169,600 | 165,900 | 170,900 | 191,900 | 121,200 | 114,500 | 117,400 | 123,600 | 94,500 | 93,500 |
| Total current liabilities | US$ in thousands | 624,400 | 652,100 | 624,100 | 680,700 | 664,100 | 638,400 | 573,100 | 607,900 | 617,000 | 572,700 | 518,000 | 535,800 | 515,900 | 507,600 | 407,900 | 385,500 | 348,200 | 320,800 | 247,500 | 237,700 |
| Quick ratio | 4.98 | 0.61 | 4.98 | 0.87 | 1.02 | 1.26 | 1.40 | 1.43 | 1.36 | 1.34 | 1.17 | 0.99 | 1.12 | 1.02 | 0.87 | 1.33 | 1.35 | 1.32 | 1.61 | 1.48 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($138,500K
+ $2,000K
+ $2,967,500K)
÷ $624,400K
= 4.98
The quick ratio of ZoomInfo Technologies Inc. over the period from June 30, 2020 to March 31, 2025 exhibits notable fluctuations that reflect the company's liquidity position relative to its short-term obligations. Initially, the quick ratio demonstrated stability above 1.5 during the latter half of 2020, with values of 1.48 on June 30, 2020, and increasing further to 1.61 by September 30, 2020. This suggests a comfortable liquidity cushion, indicating the company maintained sufficient liquid assets to cover immediate liabilities.
Moving into 2021, the ratio experienced some variability but largely remained above 1.0, ending the year at 1.02 and reporting a slight increase to 1.12 by March 31, 2022. During 2022, the ratio showed a modest decline, reaching 0.99 on June 30 but rebounding to 1.17 by September 30 and climbing further to 1.34 at the year's end. The upward trend continued into 2023, with ratios of 1.36 in March and 1.43 in June, implying improved short-term liquidity.
However, the latter part of 2023 and into early 2024 shows some contraction, with the ratio slightly decreasing to 1.40 in September 2023 and 1.26 by December 2023. Early 2024 data indicate a dip to 1.02 on March 31, followed by a decline to 0.87 on June 30, signaling a potential tightening in liquidity.
Crucially, the data from September 2024 onwards reveals a dramatic and atypical increase, with the ratio skyrocketing to 4.98 in September 2024 and maintaining this level at March 31, 2025. Such a sharp rise to well above 1 suggests a significant increase in liquid assets or a substantial reduction in current liabilities, or possibly both.
Overall, the trend depicts a generally stable liquidity profile during the earlier periods, with ratios fluctuating around the 1.0 to 1.5 range, indicating that the company was capable of meeting its short-term obligations with liquid assets. The extraordinary increase in late 2024 may correspond to strategic changes or financial restructuring, but it warrants closer examination to understand the underlying factors contributing to such a substantial shift in liquidity position.
Peer comparison
Mar 31, 2025