NVR Inc (NVR)
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 | 2,664,670 | 2,568,670 | 2,528,950 | 2,924,790 | 3,215,440 | 2,969,990 | 2,758,060 | 2,858,590 | 2,574,520 | 1,821,360 | 1,563,960 | 2,227,090 | 2,636,980 | 2,748,060 | 2,664,830 | 2,814,520 | 2,809,780 | 2,592,480 | 2,028,000 | 1,118,270 |
| Short-term investments | US$ in thousands | — | -107,514 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,150,430 | 1,202,090 | 1,260,030 | 1,185,130 | 1,222,730 | 826,935 | 727,788 | 881,445 | 832,646 | 1,299,270 | 853,818 | 957,705 | 823,814 | 796,206 | 850,016 | 873,065 | 843,258 | 776,075 | 685,867 | 641,355 |
| Cash ratio | 2.32 | 2.05 | 2.01 | 2.47 | 2.63 | 3.59 | 3.79 | 3.24 | 3.09 | 1.40 | 1.83 | 2.33 | 3.20 | 3.45 | 3.14 | 3.22 | 3.33 | 3.34 | 2.96 | 1.74 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($2,664,670K
+ $—K)
÷ $1,150,430K
= 2.32
The cash ratio of NVR Inc has fluctuated over the periods provided. It increased steadily from March 31, 2020, to a peak of 3.79 on June 30, 2023. This indicates that NVR Inc had a substantial amount of cash and cash equivalents relative to its current liabilities during this period.
However, the cash ratio declined after June 30, 2023, reaching its lowest point of 1.40 on September 30, 2022. This may suggest a decrease in available liquid assets compared to short-term obligations.
Overall, despite the fluctuations, NVR Inc maintained a relatively healthy cash position throughout the reported periods, with the cash ratio consistently above 1. A higher cash ratio generally indicates the company's ability to cover its short-term liabilities with cash and cash equivalents, providing a buffer against financial distress. NVR Inc's cash ratio trend should be monitored for any potential liquidity concerns or operational challenges in the future.
Peer comparison
Dec 31, 2024