TKO Group Holdings, Inc. (TKO)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 525,556 | 457,410 | 277,532 | 245,812 | 235,839 | 188,600 | 172,822 | 136,086 | 180,574 | 181,688 | 110,126 | 105,594 | 134,828 |
| Short-term investments | US$ in thousands | -44 | — | — | — | — | — | 206,054 | 267,693 | 258,487 | 259,305 | 333,386 | 342,219 | 280,957 |
| Total current liabilities | US$ in thousands | 670,657 | 763,433 | 753,188 | 590,491 | 472,140 | 399,500 | 225,532 | 209,731 | 230,179 | 448,969 | 425,204 | 426,847 | 415,817 |
| Cash ratio | 0.78 | 0.60 | 0.37 | 0.42 | 0.50 | 0.47 | 1.68 | 1.93 | 1.91 | 0.98 | 1.04 | 1.05 | 1.00 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($525,556K
+ $-44K)
÷ $670,657K
= 0.78
The cash ratio for TKO Group Holdings, Inc. indicates the firm's ability to cover its short-term liabilities with its available cash and cash equivalents. Over the observed periods, the cash ratio fluctuated, starting at 1.00 on December 31, 2021, and generally decreasing until reaching its lowest point at 0.37 on June 30, 2024.
The ratio peaked at 1.93 on March 31, 2023, indicating a strong ability to cover short-term obligations with cash at that point. However, the trend then shifted downward, with a notable decline in the ratio from September 30, 2023, to June 30, 2024.
Overall, the cash ratio fluctuated between the range of 0.37 and 1.93, with significant variations observed throughout the periods analyzed. It is essential for TKO Group Holdings, Inc. to monitor this ratio closely to ensure it maintains adequate liquidity to meet its short-term financial commitments.
Peer comparison
Dec 31, 2024