Q2 Holdings (QTWO)

Cash ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash and cash equivalents	US$ in thousands	358,560	229,655	199,600	322,848	407,703
Short-term investments	US$ in thousands	88,066	94,353	233,753	104,878	131,352
Total current liabilities	US$ in thousands	398,900	191,563	192,042	168,358	145,826
Cash ratio		1.12	1.69	2.26	2.54	3.70

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($358,560K + $88,066K) ÷ $398,900K
= 1.12

Dec 31, 2024

Company name

Symbol

Cash ratio

Q2 Holdings

QTWO

1.12