AT&T Inc (T)
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 | 3,298,000 | 2,586,000 | 3,093,000 | 3,520,000 | 6,722,000 | 7,540,000 | 9,528,000 | 2,821,000 | 3,701,000 | 2,423,000 | 4,018,000 | 17,084,000 | 19,223,000 | 18,485,000 | 11,869,000 | 11,342,000 | 7,924,000 | 9,758,000 | 16,941,000 | 9,955,000 |
| Short-term investments | US$ in thousands | — | 61,000 | 62,000 | 66,000 | 80,000 | 94,000 | 74,000 | 39,000 | 38,000 | 71,000 | 83,000 | 21,481,000 | 1,946,000 | 2,785,000 | 51,000 | 33,000 | 1,816,000 | 62,000 | 64,000 | 78,000 |
| Total current liabilities | US$ in thousands | 46,872,000 | 40,658,000 | 42,429,000 | 44,834,000 | 51,127,000 | 51,684,000 | 54,159,000 | 58,150,000 | 56,173,000 | 52,257,000 | 49,189,000 | 82,494,000 | 106,230,000 | 81,601,000 | 82,126,000 | 76,608,000 | 63,438,000 | 59,565,000 | 69,469,000 | 69,704,000 |
| Cash ratio | 0.07 | 0.07 | 0.07 | 0.08 | 0.13 | 0.15 | 0.18 | 0.05 | 0.07 | 0.05 | 0.08 | 0.47 | 0.20 | 0.26 | 0.15 | 0.15 | 0.15 | 0.16 | 0.24 | 0.14 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($3,298,000K
+ $—K)
÷ $46,872,000K
= 0.07
The cash ratio of AT&T Inc has fluctuated over the period from March 31, 2020, to December 31, 2024. The cash ratio represents the ability of a company to cover its short-term liabilities with its cash and cash equivalents.
During the period, the cash ratio ranged from a low of 0.05 on September 30, 2022, to a high of 0.47 on March 31, 2022. A cash ratio of 0.47 indicates that for every dollar of current liabilities, AT&T Inc had $0.47 in cash and cash equivalents, suggesting a strong liquidity position at that time.
The cash ratio generally fluctuated within a range of 0.05 to 0.26, with the most significant changes occurring between March 2022 and June 2022. Overall, the cash ratio showed some volatility, which may indicate variations in the company's ability to cover its short-term liabilities with available cash.
It is important for investors and stakeholders to monitor cash ratios, as they provide insight into a company's liquidity and its ability to meet short-term obligations. A higher cash ratio indicates a stronger liquidity position, while a lower ratio may raise concerns about the company's ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024