Omnicom Group Inc (OMC)
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 | 4,339,400 | 3,533,900 | 2,711,700 | 3,172,800 | 4,432,000 | 2,769,600 | 2,734,100 | 3,261,500 | 4,281,800 | 3,198,500 | 3,205,100 | 3,925,500 | 5,316,800 | 4,431,200 | 4,388,100 | 4,897,300 | 5,600,500 | 3,278,300 | 3,281,000 | 2,692,500 |
| Short-term investments | US$ in thousands | 900 | 1,000 | 800 | 800 | 0 | 0 | 75,900 | 87,400 | 60,700 | 94,900 | 119,900 | 92,700 | 0 | 1,200 | 1,300 | 1,400 | 0 | 0 | 0 | 1,600 |
| Total current liabilities | US$ in thousands | 16,300,300 | 15,365,700 | 14,957,100 | 14,953,800 | 16,246,000 | 13,019,000 | 13,301,200 | 13,465,100 | 15,052,800 | 12,705,400 | 13,213,700 | 14,177,200 | 16,226,200 | 13,825,200 | 13,701,600 | 13,471,900 | 15,525,100 | 12,163,800 | 11,330,900 | 12,857,000 |
| Cash ratio | 0.27 | 0.23 | 0.18 | 0.21 | 0.27 | 0.21 | 0.21 | 0.25 | 0.29 | 0.26 | 0.25 | 0.28 | 0.33 | 0.32 | 0.32 | 0.36 | 0.36 | 0.27 | 0.29 | 0.21 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($4,339,400K
+ $900K)
÷ $16,300,300K
= 0.27
Omnicom Group Inc's cash ratio has shown some fluctuations over the past few years. The cash ratio measures a company's ability to cover its short-term liabilities with its cash and cash equivalents.
From March 31, 2020, to December 31, 2020, the cash ratio increased steadily from 0.21 to 0.36, indicating an improvement in Omnicom's liquidity position. However, from March 31, 2021, to September 30, 2021, the cash ratio remained relatively stable at around 0.32.
There was a slight decrease in the cash ratio from December 31, 2021, to June 30, 2022, which may indicate a decrease in Omnicom's ability to cover its short-term liabilities with cash. The ratio further declined to 0.28 by March 31, 2023, and continued to decrease to 0.18 by June 30, 2024.
Although the cash ratio recovered slightly to 0.27 by December 31, 2024, the overall trend suggests a decrease in Omnicom's liquidity position over the period under review. Investors and analysts may want to further investigate the reasons behind this trend and assess the company's ability to meet its short-term obligations in the future.
Peer comparison
Dec 31, 2024