Thryv Holdings Inc (THRY)
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 | 16,311 | 12,453 | 20,998 | 16,409 | 18,216 | 14,676 | 15,245 | 15,395 | 16,031 | 14,312 | 13,746 | 21,446 | 11,262 | 10,374 | 15,785 | 29,841 | 2,406 | 1,771 | 1,589 | 1,203 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 196,260 | 221,948 | 228,104 | 239,699 | 263,190 | 235,914 | 237,939 | 296,830 | 300,492 | 295,886 | 293,581 | 342,539 | 307,134 | 320,528 | 344,372 | 346,168 | 207,400 | 249,690 | 282,057 | 260,078 |
| Cash ratio | 0.08 | 0.06 | 0.09 | 0.07 | 0.07 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.04 | 0.03 | 0.05 | 0.09 | 0.01 | 0.01 | 0.01 | 0.00 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($16,311K
+ $—K)
÷ $196,260K
= 0.08
Thryv Holdings Inc's cash ratio has shown fluctuations over the periods provided. The cash ratio measures a company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio indicates a stronger liquidity position.
Thryv's cash ratio was consistently low in the range of 0.00 to 0.01 from March 2020 to December 2020. However, there was a notable increase in the cash ratio to 0.09 as of March 31, 2021, suggesting an improvement in its ability to cover short-term liabilities with cash.
Subsequently, the cash ratio fluctuated between 0.03 and 0.06 from June 2021 to June 2023, indicating some variability in the company's cash position. The ratio rose to 0.07 by March 31, 2024, signaling a slight improvement in liquidity.
The highest cash ratio observed was 0.09 on June 30, 2024, highlighting a stronger liquidity position for the company at that point in time. Overall, while Thryv Holdings Inc's cash ratio has shown some variability, it has generally improved from its initial low levels, indicating a more favorable cash position in recent periods.