T-Mobile US Inc (TMUS)
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 | 5,409,000 | 9,754,000 | 6,417,000 | 6,708,000 | 5,135,000 | 5,030,000 | 6,647,000 | 4,540,000 | 4,507,000 | 6,888,000 | 3,151,000 | 3,245,000 | 6,631,000 | 4,055,000 | 7,793,000 | 6,677,000 | 10,385,000 | 6,571,000 | 11,076,000 | 1,112,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 20,174,000 | 20,955,000 | 23,038,000 | 20,563,000 | 20,928,000 | 21,711,000 | 24,569,000 | 23,846,000 | 24,742,000 | 26,362,000 | 20,622,000 | 21,423,000 | 23,499,000 | 19,247,000 | 21,837,000 | 19,495,000 | 21,703,000 | 19,840,000 | 23,191,000 | 14,756,000 |
| Cash ratio | 0.27 | 0.47 | 0.28 | 0.33 | 0.25 | 0.23 | 0.27 | 0.19 | 0.18 | 0.26 | 0.15 | 0.15 | 0.28 | 0.21 | 0.36 | 0.34 | 0.48 | 0.33 | 0.48 | 0.08 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($5,409,000K
+ $—K)
÷ $20,174,000K
= 0.27
The cash ratio of T-Mobile US Inc, as indicated in the provided data, has shown fluctuations over the consecutive quarters. The cash ratio, which measures a company's ability to cover its short-term liabilities with its available cash and cash equivalents, stood at 0.08 as of March 31, 2020, indicating a relatively low level of cash compared to its current liabilities at that point.
Subsequently, the cash ratio improved significantly to 0.48 by June 30, 2020, suggesting a healthier liquidity position. However, the ratio declined to 0.33 as of September 30, 2020, demonstrating a slight decrease in the company's ability to cover its short-term obligations with cash on hand.
The ratio increased again to 0.48 by the end of December 31, 2020, before fluctuating in the following quarters. Notably, there were fluctuations in the cash ratio over the subsequent periods, ranging from 0.15 to 0.47. The cash ratio remained relatively stable around the range of 0.15 to 0.36 for the most recent quarters reported.
Overall, the cash ratio provides insights into T-Mobile US Inc's liquidity position and its ability to meet short-term liabilities using available cash reserves. Investors and stakeholders may monitor these fluctuations to assess the company's liquidity management and financial health.