Intel Corporation (INTC)
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 | 8,249,000 | 8,785,000 | 11,287,000 | 6,923,000 | 7,079,000 | 7,621,000 | 8,349,000 | 8,232,000 | 11,144,000 | 4,529,000 | 4,390,000 | 6,215,000 | 4,827,000 | 7,870,000 | 4,746,000 | 5,192,000 | 5,865,000 | 3,356,000 | 8,736,000 | 11,380,000 |
| Short-term investments | US$ in thousands | 13,813,000 | 15,301,000 | 17,986,000 | 14,388,000 | 17,955,000 | 17,409,000 | 15,908,000 | 19,302,000 | 17,194,000 | 18,030,000 | 22,654,000 | 32,481,000 | 2,103,000 | 4,004,000 | 3,014,000 | 2,417,000 | 2,292,000 | 2,987,000 | 4,791,000 | 1,296,000 |
| Total current liabilities | US$ in thousands | 35,666,000 | 35,159,000 | 32,027,000 | 27,213,000 | 28,053,000 | 28,614,000 | 27,180,000 | 27,393,000 | 32,155,000 | 27,813,000 | 27,218,000 | 29,322,000 | 27,462,000 | 29,572,000 | 24,836,000 | 24,151,000 | 24,754,000 | 22,112,000 | 22,481,000 | 23,895,000 |
| Cash ratio | 0.62 | 0.69 | 0.91 | 0.78 | 0.89 | 0.87 | 0.89 | 1.01 | 0.88 | 0.81 | 0.99 | 1.32 | 0.25 | 0.40 | 0.31 | 0.32 | 0.33 | 0.29 | 0.60 | 0.53 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($8,249,000K
+ $13,813,000K)
÷ $35,666,000K
= 0.62
The cash ratio is a measure of a company's ability to cover its short-term liabilities using its available cash and cash equivalents. It is calculated by dividing the sum of a company's cash and cash equivalents by its current liabilities.
Analyzing the cash ratio trend of Intel Corporation from March 2020 to December 2024, we can see fluctuations in the ratio over the period.
The cash ratio started at 0.53 in March 2020 and gradually increased to 0.60 by June 2020. However, the ratio dropped significantly to 0.29 by September 2020, indicating a decrease in the company's ability to cover its short-term obligations with cash on hand.
The trend continued with fluctuations for the following quarters, with the ratio ranging between 0.25 to 0.40 until March 2022. From March 2022 onwards, there was a notable improvement in the cash ratio, reaching its peak at 1.32. This indicates a substantial increase in Intel's ability to meet its short-term liabilities with cash resources.
Subsequently, the ratio declined slightly but remained relatively stable around the 0.80 range until December 2024. Overall, the cash ratio of Intel Corporation demonstrates fluctuations in the company's liquidity position over the observed period, with a notable improvement in recent quarters.
Peer comparison
Dec 31, 2024