Performance Food Group Co (PFGC)
Cash ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 78,500 | 20,000 | 12,700 | 11,600 | 11,100 |
| Short-term investments | US$ in thousands | — | 8,200 | 14,800 | 7,300 | — |
| Total current liabilities | US$ in thousands | 4,517,600 | 3,758,100 | 3,553,100 | 3,633,000 | 2,527,200 |
| Cash ratio | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 |
June 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($78,500K
+ $—K)
÷ $4,517,600K
= 0.02
The cash ratio of Performance Food Group Co over the specified period indicates a consistently low level of immediate liquidity. As of June 30, 2021, the cash ratio was effectively zero at 0.00, suggesting that the company's cash holdings were insufficient to cover its current liabilities entirely through cash alone. From June 30, 2022, onwards, the cash ratio increased marginally to 0.01 and remained stable at this level through June 30, 2023, and June 30, 2024. By June 30, 2025, the cash ratio experienced a slight increase to 0.02.
This trend reflects a minimal capacity for the company to meet its short-term liabilities solely with cash or cash equivalents, which is typical for businesses with a reliance on other liquid assets or operational cash flows to cover current obligations. The gradual, modest rise over the years suggests a slight improvement in cash liquidity management or cash accumulation strategies but remains within a low range. Overall, the consistency of low cash ratio figures underscores a reliance on more liquid current assets beyond cash, such as receivables and inventories, to support short-term financial commitments.
Peer comparison
Jun 30, 2025