IAC Inc. (IAC)

Cash ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents US$ in thousands 1,798,170 1,297,440 1,417,390 2,118,730 3,366,180
Short-term investments US$ in thousands 0 148,998 239,373 19,788 224,979
Total current liabilities US$ in thousands 886,192 950,490 1,079,990 1,607,660 750,901
Cash ratio 2.03 1.52 1.53 1.33 4.78

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,798,170K + $0K) ÷ $886,192K
= 2.03

The cash ratio of IAC Inc. has shown a gradual decline over the years, decreasing from 4.78 in December 2020 to 1.33 in December 2021. This downward trend suggests that the company may be holding less cash relative to its current liabilities. However, there was a slight improvement in the cash ratio to 1.53 in December 2022, indicating a better ability to cover short-term obligations with its available cash. In December 2023 and 2024, the cash ratio remained relatively stable at 1.52 and 2.03 respectively. Overall, while the cash ratio fluctuated, the company managed to maintain a reasonable level of liquidity to meet its short-term financial obligations.


Peer comparison

Dec 31, 2024