AT&T Inc (T)
Quick 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 | 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 |
| Receivables | US$ in thousands | 9,638,000 | 9,068,000 | 9,686,000 | 9,577,000 | 10,289,000 | 8,962,000 | 9,304,000 | 10,214,000 | 11,466,000 | 11,384,000 | 11,377,000 | 17,218,000 | 17,571,000 | 16,304,000 | 15,771,000 | 16,971,000 | 20,215,000 | 19,379,000 | 19,127,000 | 19,908,000 |
| 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 |
| Quick ratio | 0.28 | 0.29 | 0.30 | 0.29 | 0.33 | 0.32 | 0.35 | 0.22 | 0.27 | 0.27 | 0.31 | 0.68 | 0.36 | 0.46 | 0.34 | 0.37 | 0.47 | 0.49 | 0.52 | 0.43 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($3,298,000K
+ $—K
+ $9,638,000K)
÷ $46,872,000K
= 0.28
The quick ratio of AT&T Inc has fluctuated over the past few years. It decreased from 0.43 as of March 31, 2020, to a low of 0.27 as of September 30, 2022, indicating a potential liquidity concern. However, it showed improvement, reaching 0.68 as of March 31, 2022, and then fluctuated around the 0.3 level until December 31, 2024. Overall, the quick ratio of AT&T Inc suggests that the company may have faced liquidity challenges during this period but has shown some improvement in its ability to cover short-term obligations with liquid assets.
Peer comparison
Dec 31, 2024