Texas Instruments Incorporated (TXN)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 3,200,000 | 2,964,000 | 3,050,000 | 4,631,000 | 3,107,000 |
| Short-term investments | US$ in thousands | 4,380,000 | 5,611,000 | 6,017,000 | 5,108,000 | 3,461,000 |
| Total current liabilities | US$ in thousands | 3,643,000 | 3,320,000 | 2,985,000 | 2,569,000 | 2,390,000 |
| Cash ratio | 2.08 | 2.58 | 3.04 | 3.79 | 2.75 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($3,200,000K
+ $4,380,000K)
÷ $3,643,000K
= 2.08
The cash ratio of Texas Instruments Incorporated has shown fluctuations over the past five years. Starting at 2.75 on December 31, 2020, the ratio increased to 3.79 by December 31, 2021, indicating a stronger liquidity position. However, by December 31, 2022, the ratio slightly decreased to 3.04 before dropping further to 2.58 by December 31, 2023. Finally, by December 31, 2024, the cash ratio declined to 2.08, suggesting a decrease in the company's ability to cover short-term liabilities with its cash and cash equivalents. Overall, the company's cash ratio has varied throughout the period, indicating changing liquidity levels that may require further analysis to understand the underlying reasons and implications.
Peer comparison
Dec 31, 2024