NetScout Systems Inc (NTCT)
Quick 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 | 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 |
| Receivables | US$ in thousands | 163,654 | 214,585 | 118,632 | 129,270 | 192,096 | 221,574 | 152,603 | 108,292 | 143,855 | 215,838 | 139,126 | 112,889 | 148,245 | 233,854 | 162,888 | 146,199 | 197,717 | 208,016 | 169,687 | 138,793 |
| 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 |
| Quick ratio | — | 1.68 | 1.50 | 1.40 | 1.56 | 1.44 | 1.34 | 1.29 | 1.24 | 1.42 | 1.26 | 1.17 | 1.79 | 1.83 | 1.72 | 1.74 | 1.64 | 1.76 | 1.65 | 1.58 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($457,415K
+ $34,058K
+ $163,654K)
÷ $-36,503K
= —
The quick ratio of NetScout Systems Inc has shown a relatively stable trend over the past few years, with values ranging between 1.17 and 1.83. This indicates that the company has consistently maintained a strong ability to meet its short-term obligations using its most liquid assets.
The quick ratio for the latest period (as of March 31, 2025) is not available in the provided data. However, based on the trend observed in the previous quarters, it is likely that the company has continued to maintain a healthy level of liquidity for the period.
It is worth noting that while a quick ratio above 1.0 suggests that the company has sufficient liquid assets to cover its short-term liabilities, the decreasing trend observed in the more recent periods may warrant further monitoring to ensure that the company's liquidity position remains robust in the future.
Peer comparison
Mar 31, 2025