Warner Bros Discovery Inc (WBD)
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 | 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 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
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 has fluctuated over the years, indicating varying levels of liquidity and ability to cover short-term obligations with highly liquid assets.
The trend shows an improvement from March 2020 to December 2021, increasing steadily from 0.51 to 1.14. This suggests that the company enhanced its ability to meet immediate financial needs without relying heavily on inventory or slow-moving assets.
However, there was a significant drop in the quick ratio in the second quarter of 2022, falling to 0.18, which could indicate potential liquidity challenges during that period. The ratio remained low in the subsequent quarters but started to recover towards the end of 2023, reaching 0.34 by December 31, 2024.
Overall, while the quick ratio experienced fluctuations, it generally indicates that Warner Bros Discovery Inc had a moderate ability to cover short-term liabilities with quick assets, with room for improvement in managing liquidity effectively.
Peer comparison
Dec 31, 2024