TechTarget, Inc. Common Stock (TTGT)

Cash ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents US$ in thousands 226,668 344,523 361,623 82,616
Short-term investments US$ in thousands 99,601 20,210 20,076 84
Total current liabilities US$ in thousands 36,990 57,888 70,000 46,418
Cash ratio 8.82 6.30 5.45 1.78

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K + $—K) ÷ $—K
= —

The cash ratio of TechTarget, Inc. Common Stock has shown a positive trend over the years, increasing from 1.78 as of December 31, 2020, to 8.82 as of December 31, 2023. This indicates that the company's ability to cover its short-term liabilities with its available cash and cash equivalents has significantly improved.

The significant rise in the cash ratio highlights the company's strong liquidity position, suggesting that it has a substantial amount of cash on hand relative to its current liabilities. However, it is worth noting that the data is not available for December 31, 2024, which may warrant further investigation to understand the company's most recent liquidity position.

Overall, the increasing trend in the cash ratio reflects positively on TechTarget, Inc.'s ability to meet its short-term obligations and indicates a healthy financial position in terms of liquidity.


Peer comparison

Dec 31, 2024

Company name
Symbol
Cash ratio
TechTarget, Inc. Common Stock
TTGT
Ziff Davis Inc
ZD
0.56