NetScout Systems Inc (NTCT)

Cash 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 and cash equivalents	US$ in thousands	457,415	398,361	363,355	362,213	389,674	297,655	279,944	332,716	386,794	352,044	320,325	332,502	636,161	548,105	468,470	487,168	467,176	477,755	415,719	403,306
Short-term investments	US$ in thousands	34,058	28,536	37,512	43,954	33,459	31,457	48,652	51,887	32,204	57,262	46,806	42,144	67,037	5,349	7,347	6,737	9,277	12,689	12,127	23,202
Total current liabilities	US$ in thousands	-36,503	381,771	347,102	383,204	395,082	382,252	359,124	383,186	453,607	440,009	402,196	415,194	475,060	431,226	370,787	367,565	411,275	396,219	362,207	357,492
Cash ratio		—	1.12	1.15	1.06	1.07	0.86	0.91	1.00	0.92	0.93	0.91	0.90	1.48	1.28	1.28	1.34	1.16	1.24	1.18	1.19

March 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($457,415K + $34,058K) ÷ $-36,503K
= —

The cash ratio of NetScout Systems Inc provides insights into the company's liquidity and ability to cover its short-term obligations using its cash and cash equivalents. Over the period from June 30, 2020, to March 31, 2025, the cash ratio fluctuated, indicating changes in the company's cash position and liquidity levels.

In June 2020, the cash ratio was 1.19, suggesting that NetScout had $1.19 in cash and cash equivalents for every dollar of current liabilities. The ratio remained relatively stable around 1.1 to 1.3 during the following quarters, indicating a consistent ability to meet short-term obligations.

However, there was a noticeable decline in the cash ratio in the second half of 2022, where it fell below 1. This could signal a potential liquidity strain or a decrease in cash reserves during that period. The ratio slightly recovered in the subsequent quarters, but it remained below the levels seen in earlier periods.

As of March 31, 2025, the cash ratio was not available, indicating that the data for that quarter was not provided in the source. Overall, fluctuations in the cash ratio of NetScout Systems Inc highlight variations in the company's ability to cover its short-term liabilities solely with its available cash and cash equivalents, impacting its liquidity position over the analyzed period.