Warner Bros Discovery Inc (WBD)
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 | 5,312,000 | 3,336,000 | 3,617,000 | 3,386,000 | 4,319,000 | 2,383,000 | 3,027,000 | 2,594,000 | 3,731,000 | 2,422,000 | 2,575,000 | 4,162,000 | 3,905,000 | 3,116,000 | 2,834,000 | 2,008,000 | 2,091,000 | 1,893,000 | 1,683,000 | 1,453,000 |
| Short-term investments | US$ in thousands | — | — | 36,000 | 62,000 | 60,000 | 23,000 | 14,000 | 12,000 | 25,000 | 14,000 | 14,000 | 27,000 | 53,000 | 1,000 | 1,000 | 185,000 | 32,000 | 263,000 | 11,000 | 12,000 |
| Total current liabilities | US$ in thousands | 15,810,000 | 15,695,000 | 17,768,000 | 16,956,000 | 15,332,000 | 14,588,000 | 16,906,000 | 16,380,000 | 15,017,000 | 14,676,000 | 14,436,000 | 3,562,000 | 3,459,000 | 3,335,000 | 3,565,000 | 3,142,000 | 3,082,000 | 2,756,000 | 2,576,000 | 2,875,000 |
| Cash ratio | 0.34 | 0.21 | 0.21 | 0.20 | 0.29 | 0.16 | 0.18 | 0.16 | 0.25 | 0.17 | 0.18 | 1.18 | 1.14 | 0.93 | 0.80 | 0.70 | 0.69 | 0.78 | 0.66 | 0.51 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($5,312,000K
+ $—K)
÷ $15,810,000K
= 0.34
The cash ratio of Warner Bros Discovery Inc has shown fluctuations over the analyzed period. The ratio was relatively low in the earlier periods, ranging from 0.51 to 0.78 in 2020 and 2021. However, there was a notable increase in the cash ratio in the later periods, reaching its peak at 1.18 on March 31, 2022.
Subsequently, the ratio experienced a significant decline, dropping to 0.16 on September 30, 2023, before slightly recovering to 0.34 on December 31, 2024. The fluctuation in the cash ratio indicates changes in the company's ability to cover its short-term obligations with its available cash and cash equivalents.
It is essential for investors and stakeholders to closely monitor the cash ratio, as it represents the liquidity position of the company and its ability to meet its immediate financial obligations. Further analysis of the company's cash management practices and future cash flow projections would provide insights into the sustainability of the trend observed in the cash ratio.
Peer comparison
Dec 31, 2024