Lumen Technologies Inc (LUMN)
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 | 1,889,000 | 2,640,000 | 1,497,000 | 1,582,000 | 2,234,000 | 311,000 | 411,000 | 1,148,000 | 1,251,000 | 252,000 | 360,000 | 366,000 | 354,000 | 635,000 | 935,000 | 486,000 | 406,000 | 526,000 | 1,763,000 | 1,564,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 3,639,000 | 3,940,000 | 3,738,000 | 3,816,000 | 3,534,000 | 3,920,000 | 3,963,000 | 4,848,000 | 4,803,000 | 8,715,000 | 5,781,000 | 5,655,000 | 7,169,000 | 8,300,000 | 6,510,000 | 7,787,000 | 6,634,000 | 5,879,000 | 7,472,000 | 5,703,000 |
| Cash ratio | 0.52 | 0.67 | 0.40 | 0.41 | 0.63 | 0.08 | 0.10 | 0.24 | 0.26 | 0.03 | 0.06 | 0.06 | 0.05 | 0.08 | 0.14 | 0.06 | 0.06 | 0.09 | 0.24 | 0.27 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,889,000K
+ $—K)
÷ $3,639,000K
= 0.52
The cash ratio of Lumen Technologies Inc has experienced fluctuations over the analyzed period. It stood at 0.27 as of March 31, 2020, indicating a decrease to 0.24 by June 30, 2020. The ratio further declined to 0.09 on September 30, 2020, signifying a significant drop in the company's ability to cover its short-term liabilities with cash and cash equivalents.
Despite a slight improvement to 0.14 on June 30, 2021, the ratio fell back to 0.05 by December 31, 2021, remaining relatively low over the subsequent quarters. However, there was a notable upswing to 0.63 by December 31, 2023, suggesting a significant improvement in the company's liquidity position during that period.
The cash ratio then decreased to 0.41 by March 31, 2024, followed by a minor increase to 0.40 by June 30, 2024. Notably, there was a substantial surge to 0.67 by September 30, 2024, indicating a considerable strengthening of Lumen Technologies Inc's ability to cover its short-term obligations with its available cash resources. By December 31, 2024, the ratio slightly decreased to 0.52, but it still remained at a relatively healthy level compared to previous periods.
Overall, the cash ratio of Lumen Technologies Inc has exhibited fluctuations, reflecting varying levels of liquidity and the company's ability to meet short-term obligations with cash on hand during the analyzed period.
Peer comparison
Dec 31, 2024