Viatris Inc (VTRS)

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 734,800 1,878,700 917,200 1,014,600 993,600 1,309,600 629,200 506,600 1,259,900 646,700 664,700 752,400 701,200 756,600 673,900 806,900 844,400 664,500 323,600 572,400
Short-term investments US$ in thousands 355,100 169,000 90,800 164,100 86,300 254,900 176,800 173,500 212,600 74,300 77,200 84,600 233,800 87,700 88,100 85,400 84,900 80,000 77,600 69,500
Total current liabilities US$ in thousands 5,779,400 7,512,400 7,709,200 7,759,900 7,777,400 6,834,000 6,523,800 6,108,100 6,746,200 6,521,400 7,681,200 9,642,900 9,884,400 10,103,900 10,132,600 9,978,100 10,562,900 7,275,400 6,971,300 5,228,200
Cash ratio 0.19 0.27 0.13 0.15 0.14 0.23 0.12 0.11 0.22 0.11 0.10 0.09 0.09 0.08 0.08 0.09 0.09 0.10 0.06 0.12

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($734,800K + $355,100K) ÷ $5,779,400K
= 0.19

The cash ratio of Viatris Inc has fluctuated over the period under consideration. Starting at 0.12 as of March 31, 2020, the cash ratio decreased to 0.06 by June 30, 2020. There was a slight increase to 0.10 by September 30, 2020, followed by a drop to 0.09 by December 31, 2020. The cash ratio remained stable at 0.09 until March 31, 2021, but then decreased to 0.08 by June 30, 2021, and remained at this level until September 30, 2021.

Subsequently, the cash ratio increased to 0.09 by December 31, 2021, and stayed the same until March 31, 2022. There was a further increase to 0.10 by June 30, 2022, and a subsequent rise to 0.11 by September 30, 2022. Notably, the cash ratio experienced a significant jump to 0.22 by December 31, 2022. However, this was followed by a decrease to 0.11 by March 31, 2023, and a subsequent increase to 0.12 by June 30, 2023.

The cash ratio then surged to 0.23 by September 30, 2023, before dropping slightly to 0.14 by December 31, 2023. By March 31, 2024, the ratio increased to 0.15, but then decreased to 0.13 by June 30, 2024. There was a notable increase to 0.27 by September 30, 2024, followed by a decrease to 0.19 by December 31, 2024.

Overall, the cash ratio of Viatris Inc has shown fluctuations over the period, indicating varying levels of liquidity and the ability of the company to cover its short-term liabilities with its available cash and cash equivalents.