PepsiCo Inc (PEP)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 8,505,000 | 9,711,000 | 4,954,000 | 5,596,000 | 8,185,000 |
| Short-term investments | US$ in thousands | 761,000 | 292,000 | 394,000 | 392,000 | 1,366,000 |
| Receivables | US$ in thousands | 10,333,000 | 10,815,000 | 10,163,000 | 8,680,000 | 8,404,000 |
| Total current liabilities | US$ in thousands | 31,536,000 | 31,647,000 | 26,785,000 | 26,220,000 | 23,372,000 |
| Quick ratio | 0.62 | 0.66 | 0.58 | 0.56 | 0.77 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($8,505,000K
+ $761,000K
+ $10,333,000K)
÷ $31,536,000K
= 0.62
The quick ratio of PepsiCo Inc has shown some fluctuations over the past five years. Starting at 0.77 in December 31, 2020, the ratio decreased to 0.56 by December 31, 2021. Subsequently, there was a slight increase to 0.58 by December 31, 2022, followed by a further rise to 0.66 by December 31, 2023. However, the ratio dropped to 0.62 by December 31, 2024. Overall, the trend indicates some variability in PepsiCo's ability to meet its short-term obligations using its most liquid assets. It would be essential for the company to closely monitor and manage its liquidity position to ensure financial stability and operational efficiency.
Peer comparison
Dec 31, 2024