Ziff Davis Inc (ZD)
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 | 505,880 | 386,122 | 687,234 | 734,779 | 737,612 | 660,624 | 679,090 | 721,502 | 652,793 | 621,917 | 648,290 | 629,030 | 694,842 | 546,467 | 347,857 | 371,971 | 176,442 | 567,930 | 616,820 | 526,554 |
| Short-term investments | US$ in thousands | 0 | 0 | 0 | 16,404 | 27,109 | 29,797 | 35,816 | 39,012 | 58,421 | 54,900 | 72,535 | 238,151 | 229,200 | 0 | 0 | 663 | 663 | 96,575 | — | — |
| Receivables | US$ in thousands | 660,223 | 470,550 | 450,389 | 446,883 | 337,703 | 291,485 | 285,909 | 277,764 | 304,739 | 232,297 | 243,300 | 263,659 | 316,342 | 268,349 | 249,005 | 242,420 | 325,619 | 192,800 | 188,383 | 204,783 |
| Total current liabilities | US$ in thousands | 899,647 | 667,394 | 643,805 | 663,334 | 431,833 | 419,498 | 436,043 | 441,179 | 432,448 | 416,455 | 484,047 | 432,191 | 497,238 | 1,028,400 | 845,019 | 867,534 | 882,555 | 768,913 | 772,181 | 368,681 |
| Quick ratio | 1.30 | 1.28 | 1.77 | 1.81 | 2.55 | 2.34 | 2.30 | 2.35 | 2.35 | 2.18 | 1.99 | 2.62 | 2.49 | 0.79 | 0.71 | 0.71 | 0.57 | 1.11 | 1.04 | 1.98 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($505,880K
+ $0K
+ $660,223K)
÷ $899,647K
= 1.30
The quick ratio of Ziff Davis Inc has fluctuated over the years, ranging from a low of 0.57 on December 31, 2020, to a high of 2.62 on March 31, 2022. A quick ratio above 1 indicates that the company has a strong ability to cover its short-term obligations with its most liquid assets. Ziff Davis Inc's quick ratio generally remained above 1 throughout the period, except for a few quarters where it dipped below 1. Overall, the company's quick ratio trend indicates a relatively healthy liquidity position, with the most recent ratio standing at 1.30 on December 31, 2024, suggesting an improvement in the company's ability to meet its short-term obligations using its quick assets.