T-Mobile US Inc (TMUS)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 8,655,000 | 7,881,000 | 8,339,000 | 8,312,000 | 9,148,000 | 8,970,000 | 9,371,000 | 9,378,000 | 9,568,000 | 9,372,000 | 9,595,000 | 9,077,000 | 8,942,000 | 8,436,000 | 8,610,000 | 7,453,000 | 7,853,000 | 7,415,000 | 6,573,000 | 4,268,000 |
| 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 |
| Quick ratio | 0.70 | 0.84 | 0.64 | 0.73 | 0.68 | 0.64 | 0.65 | 0.58 | 0.57 | 0.62 | 0.62 | 0.58 | 0.66 | 0.65 | 0.75 | 0.72 | 0.84 | 0.70 | 0.76 | 0.36 |
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 few years, ranging from a low of 0.36 in March 2020 to a high of 0.84 in December 2020. The quick ratio measures the company's ability to meet its short-term liabilities with its most liquid assets. A ratio below 1 typically indicates that the company may have difficulty meeting its short-term obligations without relying on selling inventory or obtaining external financing.
In general, a quick ratio below 1 may raise concerns about the company's liquidity position and ability to cover its short-term liabilities. T-Mobile's quick ratio has generally been below 1, with the latest reported ratio being 0.70 in December 2024. This suggests that the company may have some difficulty meeting its short-term obligations without relying on additional sources of funding.
It's important to monitor the trend of the quick ratio over time to assess the company's liquidity position and financial health. A consistent improvement in the quick ratio would indicate that T-Mobile is becoming more liquid and better able to cover its short-term obligations without relying on external financing or liquidating assets.