Teradata Corp (TDC)
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 | 420,000 | 348,000 | 301,000 | 337,000 | 486,000 | 348,000 | 504,000 | 551,000 | 569,000 | 506,000 | 545,000 | 404,000 | 592,000 | 613,000 | 684,000 | 538,000 | 529,000 | 533,000 | 494,000 | 394,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 930,000 | 875,000 | 889,000 | 983,000 | 996,000 | 885,000 | 910,000 | 999,000 | 1,007,000 | 803,000 | 878,000 | 993,000 | 1,033,000 | 955,000 | 998,000 | 955,000 | 952,000 | 895,000 | 893,000 | 906,000 |
| Quick ratio | 0.45 | 0.40 | 0.34 | 0.34 | 0.49 | 0.39 | 0.55 | 0.55 | 0.57 | 0.63 | 0.62 | 0.41 | 0.57 | 0.64 | 0.69 | 0.56 | 0.56 | 0.60 | 0.55 | 0.43 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($420,000K
+ $—K
+ $—K)
÷ $930,000K
= 0.45
Teradata Corp's quick ratio has shown fluctuations over the reviewed periods. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets. From March 31, 2020, to December 31, 2024, the quick ratio ranged from a low of 0.34 to a high of 0.69. The ratio peaked at 0.69 on June 30, 2021, indicating a strong ability to cover short-term liabilities with current assets. However, the ratio experienced a notable drop to 0.34 by March 31, 2024, indicating a potential liquidity challenge. Overall, the trend in the quick ratio suggests some variability in Teradata Corp's ability to meet immediate financial obligations with its liquid assets.
Peer comparison
Dec 31, 2024