ZoomInfo Technologies Inc (ZI)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 139,900 | 147,700 | 385,900 | 405,900 | 447,100 | 442,600 | 509,700 | 474,000 | 418,000 | 406,300 | 352,700 | 394,400 | 308,300 | 196,800 | 332,900 | 229,100 |
| Short-term investments | US$ in thousands | 0 | 0 | 13,400 | 34,300 | 82,200 | 125,300 | 150,600 | 141,800 | 127,700 | 32,400 | 12,900 | 12,400 | 18,400 | 36,500 | 66,800 | 124,600 |
| Total current liabilities | US$ in thousands | 652,100 | 624,100 | 680,700 | 664,100 | 638,400 | 573,100 | 607,900 | 617,000 | 572,700 | 518,000 | 535,800 | 515,900 | 507,600 | 407,900 | 385,500 | 348,200 |
| Cash ratio | 0.21 | 0.24 | 0.59 | 0.66 | 0.83 | 0.99 | 1.09 | 1.00 | 0.95 | 0.85 | 0.68 | 0.79 | 0.64 | 0.57 | 1.04 | 1.02 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($139,900K
+ $0K)
÷ $652,100K
= 0.21
The cash ratio of ZoomInfo Technologies Inc has been fluctuating over the years based on the provided data. The cash ratio measures a company's ability to cover its short-term liabilities with its cash and cash equivalents. The trend analysis of ZoomInfo's cash ratio indicates that the company had a strong position in cash reserves in the first half of 2021, with ratios above 1. However, there was a notable decline in the cash ratio in the latter half of 2021, dropping to as low as 0.57 by September 30, 2021.
During 2022, there were fluctuations in the cash ratio, but it remained relatively stable between 0.64 and 0.95. The cash ratio started to improve in the first half of 2023, reaching 1.09 by June 30, 2023. However, it declined slightly in the following quarters but remained above 0.80.
In the second half of 2024, ZoomInfo's cash ratio experienced a significant decrease, dropping to as low as 0.21 by December 31, 2024. This indicates that the company's cash and cash equivalents may not be sufficient to cover its short-term liabilities during that period.
Overall, the analysis of ZoomInfo Technologies Inc.'s cash ratio suggests that the company has had varying levels of liquidity over the years, with periods of strong cash reserves followed by declines. It is important for investors and analysts to closely monitor this ratio to assess the company's ability to meet its short-term obligations with its available cash resources.
Peer comparison
Dec 31, 2024