Visteon Corp (VC)
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 | 623,000 | 550,000 | 508,000 | 504,000 | 515,000 | 481,000 | 455,000 | 484,000 | 520,000 | 362,000 | 322,000 | 402,000 | 452,000 | 397,000 | 466,000 | 482,000 | 496,000 | 431,000 | 755,000 | 822,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | 49,000 | 63,000 | 57,000 | 60,000 | 51,000 | — | — |
| Total current liabilities | US$ in thousands | 916,000 | 937,000 | 887,000 | 938,000 | 931,000 | 948,000 | 911,000 | 964,000 | 1,035,000 | 980,000 | 801,000 | 849,000 | 852,000 | 711,000 | 755,000 | 775,000 | 824,000 | 788,000 | 598,000 | 729,000 |
| Cash ratio | 0.68 | 0.59 | 0.57 | 0.54 | 0.55 | 0.51 | 0.50 | 0.50 | 0.50 | 0.37 | 0.40 | 0.47 | 0.53 | 0.63 | 0.70 | 0.70 | 0.67 | 0.61 | 1.26 | 1.13 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($623,000K
+ $—K)
÷ $916,000K
= 0.68
The cash ratio of Visteon Corp has exhibited fluctuations over the past few years. It started at a relatively high level of 1.13 on March 31, 2020, indicating that the company had enough cash and cash equivalents to cover its short-term liabilities. However, the ratio declined to 0.40 by June 30, 2022, indicating a decrease in the company's ability to meet its short-term obligations solely from its cash reserves.
Subsequently, there was a slight improvement in the cash ratio reaching 0.68 by December 31, 2024, suggesting an increase in the company's liquidity position. Overall, the cash ratio fluctuated within the range of 0.37 to 1.26 during the period under review, showcasing changes in the company's cash management and liquidity levels. It is important for stakeholders to monitor these fluctuations to assess the company's ability to meet its short-term obligations efficiently.
Peer comparison
Dec 31, 2024