Western Digital Corporation (WDC)
Cash ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 2,114,000 | 1,879,000 | 2,023,000 | 2,327,000 | 3,370,000 |
| Short-term investments | US$ in thousands | — | — | — | 3,000 | 1,586,000 |
| Total current liabilities | US$ in thousands | 5,418,000 | 6,087,000 | 5,434,000 | 4,557,000 | 4,870,000 |
| Cash ratio | 0.39 | 0.31 | 0.37 | 0.51 | 1.02 |
June 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($2,114,000K
+ $—K)
÷ $5,418,000K
= 0.39
The cash ratio of Western Digital Corporation has demonstrated a declining trend over the specified period from June 30, 2021, to June 30, 2025. Specifically, the cash ratio was recorded at 1.02 in 2021, indicating that the company's cash and cash equivalents were slightly more than sufficient to cover its current liabilities at that time. By June 30, 2022, this ratio had decreased to 0.51, reflecting a substantial reduction in liquidity cushion relative to current liabilities. The downward trend continued through 2023 and 2024, with the ratio reaching 0.37 and 0.31 respectively, suggesting an increasingly conservative cash position in relation to its short-term obligations. In the most recent measurement for June 30, 2025, the cash ratio slightly increased to 0.39, indicating a modest improvement but still remaining below the one-to-one threshold. Overall, the trajectory indicates a diminishing liquidity buffer based solely on cash and cash equivalents in relation to current liabilities over the analyzed timeframe.
Peer comparison
Jun 30, 2025