NCR Voyix Corporation (VYX)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 724,000 | 262,000 | 505,000 | 447,000 | 338,000 |
| Short-term investments | US$ in thousands | — | -21,000 | — | — | 2,000 |
| Total current liabilities | US$ in thousands | 1,420,000 | 1,333,000 | 2,713,000 | 2,808,000 | 2,088,000 |
| Cash ratio | 0.51 | 0.18 | 0.19 | 0.16 | 0.16 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($724,000K
+ $—K)
÷ $1,420,000K
= 0.51
The cash ratio of NCR Voyix Corporation has shown a varying trend over the years based on the provided data. It was consistent at 0.16 for both December 31, 2020, and December 31, 2021. There was a slight increase to 0.19 by December 31, 2022, indicating an improvement in the company's ability to cover its short-term liabilities with its cash and cash equivalents.
However, the ratio decreased to 0.18 by December 31, 2023, which could be a signal that the company's liquidity position slightly weakened compared to the previous year. Notably, there was a significant jump to 0.51 by December 31, 2024, suggesting a substantial increase in the company's cash reserves relative to its current liabilities.
Overall, the cash ratio fluctuated over the years, with a notable improvement in 2022 followed by a significant increase in 2024. This indicates varying levels of liquidity and the company's ability to meet its short-term obligations with its available cash resources.