T-Mobile US Inc (TMUS)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 5,409,000 | 5,135,000 | 4,507,000 | 6,631,000 | 10,385,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | 8,655,000 | 9,148,000 | 9,568,000 | 8,942,000 | 7,853,000 |
| Total current liabilities | US$ in thousands | 20,174,000 | 20,928,000 | 24,742,000 | 23,499,000 | 21,703,000 |
| Quick ratio | 0.70 | 0.68 | 0.57 | 0.66 | 0.84 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($5,409,000K
+ $—K
+ $8,655,000K)
÷ $20,174,000K
= 0.70
The quick ratio of T-Mobile US Inc has fluctuated over the past five years. It stood at 0.84 on December 31, 2020, indicating that the company had $0.84 in liquid assets to cover each $1 of current liabilities. However, it decreased to 0.66 on December 31, 2021, suggesting a weaker liquidity position. Subsequently, the ratio further declined to 0.57 on December 31, 2022, reflecting potential difficulties in meeting short-term obligations.
The quick ratio then improved to 0.68 on December 31, 2023, indicating a slight strengthening of the company's ability to cover immediate liabilities with liquid assets. By December 31, 2024, the quick ratio had risen to 0.70, showing a continued but modest enhancement in liquidity. Overall, the trend in T-Mobile's quick ratio reveals variability in its short-term liquidity position over the analyzed period.