Verisk Analytics Inc (VRSK)
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 | 1,144,000 | 458,000 | 635,900 | 356,200 | 302,700 | 416,800 | 308,700 | 231,900 | 112,500 | 276,800 | 480,700 | 397,900 | 280,300 | 302,100 | 276,300 | 390,900 | 218,800 | 221,800 | 309,400 | 204,400 |
| Short-term investments | US$ in thousands | -852,800 | 1,200 | 1,200 | 1,100 | 1,200 | 1,300 | 2,500 | 3,400 | 4,000 | 3,800 | 3,900 | 4,600 | 5,000 | 4,600 | 4,500 | 4,300 | 4,100 | 3,700 | 3,500 | 3,000 |
| Total current liabilities | US$ in thousands | 74,700 | 1,335,100 | 1,371,300 | 929,800 | 771,400 | 784,100 | 800,800 | 890,100 | 2,319,200 | 1,980,300 | 2,112,500 | 2,404,600 | 1,843,200 | 1,843,100 | 1,493,900 | 1,622,900 | 1,430,800 | 1,422,900 | 1,490,300 | 1,597,900 |
| Cash ratio | 3.90 | 0.34 | 0.46 | 0.38 | 0.39 | 0.53 | 0.39 | 0.26 | 0.05 | 0.14 | 0.23 | 0.17 | 0.15 | 0.17 | 0.19 | 0.24 | 0.16 | 0.16 | 0.21 | 0.13 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,144,000K
+ $-852,800K)
÷ $74,700K
= 3.90
Verisk Analytics Inc's cash ratio has shown variability over the past few years. The cash ratio measures a company's ability to cover its short-term liabilities with its cash and cash equivalents. An increase in the cash ratio indicates an improved ability to meet short-term obligations.
From March 31, 2020, to December 31, 2021, the cash ratio fluctuated between 0.13 and 0.24, showing some instability in the company's liquidity position. However, starting from March 31, 2022, the cash ratio began to stabilize within a narrower range of 0.14 to 0.26.
The cash ratio peaked at 3.90 on December 31, 2024, indicating a significant increase in Verisk Analytics Inc's ability to cover its short-term liabilities with its available cash and equivalents. Such a high cash ratio may be a signal of a conservative approach to liquidity management or a temporary increase in cash holdings due to specific circumstances.
Overall, the trend in Verisk Analytics Inc's cash ratio suggests that the company has been managing its liquidity position effectively, with fluctuations being observed but ultimately maintaining a reasonable level of cash reserves relative to its short-term obligations.
Peer comparison
Dec 31, 2024