Walmart Inc (WMT)
Cash ratio
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 9,867,000 | 12,154,000 | 13,888,000 | 10,575,000 | 8,625,000 | 11,587,000 | 13,923,000 | 11,817,000 | 14,760,000 | 16,111,000 | 22,831,000 | 22,846,000 | 17,741,000 | 14,325,000 | 16,906,000 | 14,930,000 | 9,465,000 | 8,606,000 | 9,283,000 | 9,255,000 |
| Short-term investments | US$ in thousands | 8,449,000 | — | — | — | 11,169,000 | — | — | — | 12,888,000 | 1,000,000 | 1,000,000 | 1,000,000 | 14,422,000 | 12,769,000 | 9,893,000 | — | 5,438,000 | — | — | — |
| Total current liabilities | US$ in thousands | 92,415,000 | 104,230,000 | 99,220,000 | 95,505,000 | 92,198,000 | 101,408,000 | 99,899,000 | 96,530,000 | 87,379,000 | 87,620,000 | 81,122,000 | 80,841,000 | 92,645,000 | 88,121,000 | 81,957,000 | 82,647,000 | 77,790,000 | 83,784,000 | 80,283,000 | 79,888,000 |
| Cash ratio | 0.20 | 0.12 | 0.14 | 0.11 | 0.21 | 0.11 | 0.14 | 0.12 | 0.32 | 0.20 | 0.29 | 0.29 | 0.35 | 0.31 | 0.33 | 0.18 | 0.19 | 0.10 | 0.12 | 0.12 |
January 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($9,867,000K
+ $8,449,000K)
÷ $92,415,000K
= 0.20
The cash ratio for Walmart Inc has shown fluctuations over the past few years. The ratio measures the company's ability to cover its short-term liabilities using its cash and cash equivalents.
From the data provided, we can observe that the cash ratio has ranged from a low of 0.10 to a high of 0.35. A higher cash ratio indicates a stronger ability to cover short-term liabilities with cash on hand.
Looking at the trend, we can see that there were notable increases in the cash ratio in the first quarter of 2021 and the first quarter of 2022, indicating better liquidity positions during those periods. However, the ratio decreased in subsequent quarters, indicating a potential decrease in cash reserves relative to short-term liabilities.
Overall, it is essential for Walmart Inc to maintain a healthy cash ratio to ensure it can meet its short-term obligations efficiently and manage any unexpected financial challenges effectively. Monitoring this ratio over time can provide insights into the company's liquidity management and financial health.
Peer comparison
Jan 31, 2024