Telephone and Data Systems Inc (TDS)
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 | 364,000 | 451,000 | 346,000 | 278,000 | 236,000 | 256,000 | 251,000 | 259,000 | 360,000 | 442,000 | 466,000 | 549,000 | 367,000 | 725,000 | 385,000 | 1,042,000 | 1,429,000 | 1,076,000 | 565,000 | 421,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 0 | 487,000 | 3,000 | 3,000 | — | — | — |
| Total current liabilities | US$ in thousands | 1,090,000 | 1,098,000 | 1,086,000 | 1,031,000 | 1,184,000 | 1,327,000 | 1,278,000 | 1,225,000 | 1,514,000 | 1,409,000 | 1,234,000 | 1,115,000 | 1,180,000 | 1,288,000 | 986,000 | 963,000 | 1,153,000 | 965,000 | 882,000 | 900,000 |
| Cash ratio | 0.33 | 0.41 | 0.32 | 0.27 | 0.20 | 0.19 | 0.20 | 0.21 | 0.24 | 0.31 | 0.38 | 0.49 | 0.31 | 0.56 | 0.88 | 1.09 | 1.24 | 1.12 | 0.64 | 0.47 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($364,000K
+ $—K)
÷ $1,090,000K
= 0.33
The cash ratio of Telephone and Data Systems Inc has experienced fluctuations over the analyzed periods, ranging from a low of 0.19 to a high of 1.24. The ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents.
In the initial periods, the cash ratio was below 1, indicating that the company had insufficient liquid assets to cover its current liabilities. However, starting from September 30, 2020, the ratio improved significantly, reaching its peak at 1.24 on December 31, 2020. This suggests a strengthening of the company's liquidity position during that time.
Subsequently, the cash ratio showed a downward trend, dropping to 0.19 by September 30, 2023, before recovering slightly in the following periods. The decreasing trend may indicate a potential liquidity challenge or a shift in the company's cash management strategy.
Overall, the fluctuations in the cash ratio of Telephone and Data Systems Inc highlight the importance of closely monitoring the company's liquidity position to ensure it can meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024