NXP Semiconductors NV (NXPI)
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 | 3,292,000 | 2,748,000 | 2,859,000 | 2,908,000 | 3,862,000 | 3,817,000 | 3,863,000 | 3,930,000 | 3,845,000 | 3,759,000 | 3,545,000 | 2,683,000 | 2,830,000 | 2,303,000 | 2,910,000 | 1,842,000 | 2,275,000 | 3,566,000 | 3,266,000 | 1,079,000 |
| Short-term investments | US$ in thousands | 0 | 400,000 | 400,000 | 400,000 | 409,000 | — | — | — | 0 | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 3,098,000 | 2,992,000 | 3,112,000 | 2,928,000 | 4,111,000 | 3,964,000 | 4,085,000 | 4,213,000 | 3,270,000 | 3,219,000 | 2,941,000 | 2,845,000 | 2,452,000 | 3,438,000 | 2,336,000 | 2,265,000 | 2,017,000 | 3,411,000 | 2,992,000 | 1,831,000 |
| Cash ratio | 1.06 | 1.05 | 1.05 | 1.13 | 1.04 | 0.96 | 0.95 | 0.93 | 1.18 | 1.17 | 1.21 | 0.94 | 1.15 | 0.67 | 1.25 | 0.81 | 1.13 | 1.05 | 1.09 | 0.59 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($3,292,000K
+ $0K)
÷ $3,098,000K
= 1.06
The cash ratio of NXP Semiconductors NV has shown some fluctuation over the period from March 31, 2020, to December 31, 2024. The cash ratio measures a company's ability to cover its short-term liabilities with its cash and cash equivalents.
Starting at 0.59 on March 31, 2020, the cash ratio improved steadily to reach its peak at 1.25 on June 30, 2021, indicating that the company had sufficient cash to cover its short-term obligations. However, the ratio declined thereafter to 0.67 on September 30, 2021, potentially signaling some liquidity challenges.
The cash ratio recovered and remained relatively stable above 1 from December 31, 2021, to September 30, 2024, indicating a healthy liquidity position. Nevertheless, the ratio experienced slight fluctuations during this period, ranging from 0.93 to 1.18, with occasional drops below 1, possibly reflecting changes in the company's cash position and short-term liabilities.
Overall, the trend in NXP Semiconductors NV's cash ratio suggests that the company has maintained a reasonable level of liquidity over the analyzed period, although there were periods of lower liquidity levels. It is important to continue monitoring the cash ratio to assess the company's ability to meet its short-term obligations and manage its liquidity effectively.
Peer comparison
Dec 31, 2024