QuinStreet Inc (QNST)
Cash ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 101,078 | 50,488 | 73,677 | 96,439 | 110,318 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 163,044 | 126,398 | 89,820 | 109,579 | 115,611 |
| Cash ratio | 0.62 | 0.40 | 0.82 | 0.88 | 0.95 |
June 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($101,078K
+ $—K)
÷ $163,044K
= 0.62
The cash ratio of QuinStreet Inc. has exhibited a declining trend over the observed period from June 30, 2021 to June 30, 2025. Specifically, the ratio was 0.95 in 2021, indicating that the company held nearly enough cash and cash equivalents to cover current liabilities at that time. In 2022 and 2023, the ratio declined to 0.88 and 0.82 respectively, reflecting a gradual decrease in liquidity. The most notable reduction occurred by June 30, 2024, when the ratio dropped sharply to 0.40, suggesting a significant decline in the company's cash holdings relative to its current liabilities. By June 30, 2025, the ratio experienced a partial recovery to 0.62, though it remained well below its 2021 levels. This progression indicates a reduction in the company's short-term liquidity position over the period, with a particularly marked decrease in 2024, possibly reflecting changes in cash management, working capital requirements, or strategic shifts in cash reserves.
Peer comparison
Jun 30, 2025