Sabre Corpo (SABR)

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	724,479	668,763	633,652	650,174	648,207	601,604	706,148	817,075	794,888	782,763	992,180	1,186,410	978,352	1,023,770	1,122,110	1,284,920	1,499,660	1,668,350	1,306,290	684,472
Short-term investments	US$ in thousands	555	—	4,269	4,855	51,970	6,235	3,374	3,620	54,303	3,850	797	—	—	22,698	23,063	23,889	24,265	—	—	24,503
Total current liabilities	US$ in thousands	1,141,780	1,173,140	1,085,880	892,740	914,713	907,757	899,311	863,656	815,571	737,648	745,489	694,529	716,505	681,419	659,786	641,974	621,943	688,716	764,411	968,329
Cash ratio		0.64	0.57	0.59	0.73	0.77	0.67	0.79	0.95	1.04	1.07	1.33	1.71	1.37	1.54	1.74	2.04	2.45	2.42	1.71	0.73

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($724,479K + $555K) ÷ $1,141,780K
= 0.64

The cash ratio of Sabre Corpo has shown fluctuations over the past few years. The cash ratio measures a company's ability to cover its current liabilities using only its cash and cash equivalents. A higher cash ratio indicates a stronger ability to cover short-term obligations with cash on hand.

Sabre Corpo's cash ratio increased from 0.73 on March 31, 2020, to a peak of 2.45 on December 31, 2020. This significant improvement suggests the company had a healthy level of cash reserves relative to its current liabilities. However, after December 31, 2020, the cash ratio started to decline gradually, reaching 0.57 on September 30, 2024.

The decreasing trend in the cash ratio may indicate that Sabre Corpo's ability to cover its short-term obligations with cash and cash equivalents has weakened over time. It is essential for investors and stakeholders to monitor this ratio closely to assess the company's liquidity position and financial health. Management should consider strategies to maintain a healthy cash ratio to ensure the company can meet its short-term financial obligations effectively.