Warner Bros Discovery Inc (WBD)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 5,312,000 | 3,780,000 | 3,731,000 | 3,905,000 | 2,091,000 |
| Short-term investments | US$ in thousands | — | 60,000 | 25,000 | 53,000 | 268,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 15,810,000 | 15,332,000 | 15,017,000 | 3,459,000 | 3,082,000 |
| Quick ratio | 0.34 | 0.25 | 0.25 | 1.14 | 0.77 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($5,312,000K
+ $—K
+ $—K)
÷ $15,810,000K
= 0.34
The quick ratio of Warner Bros Discovery Inc, a measure of the company's ability to meet its short-term obligations with its most liquid assets, has fluctuated over the years. In December 2020, the quick ratio was 0.77, indicating that the company may have had some difficulty meeting its immediate liabilities with its quick assets. However, by December 2021, the quick ratio improved to 1.14, suggesting a stronger liquidity position.
Subsequently, in December 2022 and December 2023, the quick ratio dropped to 0.25, signaling a potential liquidity challenge as the company's quick assets may not be sufficient to cover short-term obligations effectively. This downward trend in liquidity persisted in December 2024, with the quick ratio slightly increasing to 0.34.
Overall, Warner Bros Discovery Inc's quick ratio has shown fluctuations, highlighting the importance of closely monitoring the company's liquidity position to ensure it can meet its short-term financial obligations.
Peer comparison
Dec 31, 2024