Insperity Inc (NSP)

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 1,039,000 470,000 676,000 667,000 693,000 679,000 580,000 697,000 733,000 562,143 510,869 576,654 575,812 467,921 455,387 494,777 554,846 372,356 459,399 404,728
Short-term investments US$ in thousands 133,000 126,000 174,000 134,000 135,000 116,670 135,260 91,081 90,031 77,982 75,710 45,676 120,742 82,610 82,584 82,570 82,521 72,861 75,230 39,002
Total current liabilities US$ in thousands 1,930,000 1,233,000 1,383,000 1,406,000 1,436,000 1,321,360 1,135,680 1,302,960 1,353,370 1,121,250 1,246,600 1,286,600 1,128,570 1,004,180 1,002,690 1,044,350 904,924 841,070 840,563 888,458
Cash ratio 0.61 0.48 0.61 0.57 0.58 0.60 0.63 0.60 0.61 0.57 0.47 0.48 0.62 0.55 0.54 0.55 0.70 0.53 0.64 0.50

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,039,000K + $133,000K) ÷ $1,930,000K
= 0.61

The cash ratio of Insperity Inc has shown some fluctuations over the last five years, ranging from a low of 0.47 to a high of 0.70. The ratio measures the company's ability to cover its short-term liabilities with its available cash and cash equivalents. A higher cash ratio indicates a stronger liquidity position, as the company has more cash on hand relative to its current liabilities.

Insperity's cash ratio peaked at 0.70 as of December 31, 2020, suggesting a healthy cash position relative to its short-term obligations at that point in time. However, the ratio declined in the following quarters, reaching a low of 0.47 on June 30, 2022, indicating a potential strain on liquidity.

Overall, the company's cash ratio has generally been above 0.50, reflecting a reasonable ability to meet its short-term financial commitments with cash resources. Investors and analysts may want to monitor the trend of this ratio over time to assess changes in the company's liquidity position and financial health.