ScanSource Inc (SCSC)
Cash ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 126,157 | 185,460 | 36,178 | 37,987 | 62,718 |
| Short-term investments | US$ in thousands | — | — | 4,687 | 1,686 | — |
| Total current liabilities | US$ in thousands | 682,964 | 669,352 | 786,801 | 814,264 | 732,939 |
| Cash ratio | 0.18 | 0.28 | 0.05 | 0.05 | 0.09 |
June 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($126,157K
+ $—K)
÷ $682,964K
= 0.18
The cash ratio of ScanSource Inc., as derived from the provided data, exhibits notable fluctuations over the observed period. As of June 30, 2021, the cash ratio stood at 0.09, indicating that the company's cash and cash equivalents covered approximately 9% of its current liabilities, reflecting a relatively conservative liquidity position at that time. By June 30, 2022, the ratio declined further to 0.05, suggesting a decrease in the company's immediate liquidity, which could imply increased reliance on non-cash current assets or potential liquidity pressures. This low level persisted through June 30, 2023, remaining at 0.05, and signifying a consistently conservative stance regarding cash reserves relative to current liabilities during this period.
A significant change was observed by June 30, 2024, when the cash ratio increased markedly to 0.28. This rise indicates an improved liquidity position, with cash and cash equivalents now covering approximately 28% of current liabilities, suggesting increased cash holdings or a reduction in current liabilities. The subsequent decline to 0.18 by June 30, 2025, represents a partial decrease but still maintains a higher ratio compared to earlier years, reflecting a relatively stronger liquidity stance than in 2022 and 2023. Overall, the trend demonstrates periods of relative liquidity constraint interspersed with occasional enhancements, notably in 2024, highlighting shifts in cash management or operational changes affecting the company's ability to meet short-term obligations solely through cash.
Peer comparison
Jun 30, 2025