Verisk Analytics Inc (VRSK)
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 | 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 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,144,000K
+ $-852,800K
+ $—K)
÷ $74,700K
= 3.90
The quick ratio of Verisk Analytics Inc has fluctuated over the period from March 31, 2020 to December 31, 2024. The quick ratio, which measures the company's ability to meet its short-term obligations with its most liquid assets, was as low as 0.05 on December 31, 2022, indicating a potential liquidity strain at that time.
It is worth noting that a quick ratio of below 1.0 may suggest that the company may have difficulty meeting its short-term obligations without having to sell inventory. Verisk Analytics Inc's quick ratio improved significantly in subsequent periods, reaching a high of 3.90 on December 31, 2024, indicating a favorable liquidity position.
Overall, fluctuations in the quick ratio of Verisk Analytics Inc suggest varying levels of liquidity and ability to cover short-term liabilities with liquid assets over the assessed period. It is important for the company to maintain an appropriate quick ratio to ensure financial stability and meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024