Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Autodesk Inc., liquidity ratios
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Autodesk Inc. current ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Autodesk Inc. quick ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Autodesk Inc. cash ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Current Ratio
Autodesk Inc., current ratio calculation, comparison to benchmarks
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Current assets | 3,579) | 3,341) | 2,764) | 2,699) | 2,659) | 1,620) | |
| Current liabilities | 4,351) | 4,000) | 4,009) | 3,255) | 3,219) | 2,301) | |
| Liquidity Ratio | |||||||
| Current ratio1 | 0.82 | 0.84 | 0.69 | 0.83 | 0.83 | 0.70 | |
| Benchmarks | |||||||
| Current Ratio, Competitors2 | |||||||
| Accenture PLC | 1.10 | 1.30 | 1.23 | 1.25 | 1.40 | 1.40 | |
| Adobe Inc. | 1.07 | 1.34 | 1.11 | 1.25 | 1.48 | 0.79 | |
| Cadence Design Systems Inc. | 2.93 | 1.24 | 1.27 | 1.77 | 1.86 | — | |
| CrowdStrike Holdings Inc. | 1.76 | 1.73 | 1.83 | 2.65 | 2.38 | — | |
| International Business Machines Corp. | 1.04 | 0.96 | 0.92 | 0.88 | 0.98 | — | |
| Intuit Inc. | 1.29 | 1.47 | 1.39 | 1.94 | 2.26 | 1.83 | |
| Microsoft Corp. | 1.27 | 1.77 | 1.78 | 2.08 | 2.52 | 2.53 | |
| Oracle Corp. | 0.72 | 0.91 | 1.62 | 2.30 | 3.03 | 2.49 | |
| Palantir Technologies Inc. | 5.96 | 5.55 | 5.17 | 4.34 | 3.74 | — | |
| Palo Alto Networks Inc. | 0.89 | 0.78 | 0.77 | 0.91 | 1.91 | 1.78 | |
| Salesforce Inc. | 1.09 | 1.02 | 1.05 | 1.23 | 1.08 | — | |
| ServiceNow Inc. | 1.10 | 1.06 | 1.11 | 1.05 | 1.21 | — | |
| Synopsys Inc. | 2.44 | 1.15 | 1.09 | 1.16 | 1.19 | 0.99 | |
| Workday Inc. | 1.97 | 1.75 | 1.03 | 1.12 | 1.04 | — | |
| Current Ratio, Sector | |||||||
| Software & Services | 1.19 | 1.39 | 1.43 | 1.67 | 1.91 | — | |
| Current Ratio, Industry | |||||||
| Information Technology | 1.24 | 1.41 | 1.37 | 1.55 | 1.71 | — | |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).
1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 3,579 ÷ 4,351 = 0.82
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Autodesk Inc. current ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Quick Ratio
Autodesk Inc., quick ratio calculation, comparison to benchmarks
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Cash and cash equivalents | 1,892) | 1,947) | 1,528) | 1,772) | 1,775) | 886) | |
| Marketable securities | 354) | 125) | 236) | 85) | 69) | 68) | |
| Accounts receivable, net | 876) | 961) | 716) | 643) | 652) | 474) | |
| Total quick assets | 3,122) | 3,033) | 2,480) | 2,500) | 2,496) | 1,428) | |
| Current liabilities | 4,351) | 4,000) | 4,009) | 3,255) | 3,219) | 2,301) | |
| Liquidity Ratio | |||||||
| Quick ratio1 | 0.72 | 0.76 | 0.62 | 0.77 | 0.78 | 0.62 | |
| Benchmarks | |||||||
| Quick Ratio, Competitors2 | |||||||
| Accenture PLC | 0.98 | 1.18 | 1.12 | 1.14 | 1.29 | 1.29 | |
| Adobe Inc. | 0.95 | 1.22 | 1.00 | 1.11 | 1.34 | 0.70 | |
| Cadence Design Systems Inc. | 2.53 | 1.02 | 1.02 | 1.47 | 1.60 | — | |
| CrowdStrike Holdings Inc. | 1.60 | 1.58 | 1.68 | 2.50 | 2.18 | — | |
| International Business Machines Corp. | 0.90 | 0.82 | 0.76 | 0.69 | 0.83 | — | |
| Intuit Inc. | 0.71 | 1.25 | 1.17 | 1.65 | 2.04 | 1.44 | |
| Microsoft Corp. | 1.06 | 1.54 | 1.57 | 1.90 | 2.33 | 2.35 | |
| Oracle Corp. | 0.59 | 0.74 | 1.43 | 2.15 | 2.83 | 2.31 | |
| Palantir Technologies Inc. | 5.83 | 5.41 | 4.92 | 4.11 | 3.59 | — | |
| Palo Alto Networks Inc. | 0.82 | 0.72 | 0.75 | 0.88 | 1.85 | 1.72 | |
| Salesforce Inc. | 0.96 | 0.90 | 0.93 | 1.11 | 0.95 | — | |
| ServiceNow Inc. | 1.02 | 1.00 | 1.06 | 1.01 | 1.16 | — | |
| Synopsys Inc. | 1.88 | 0.85 | 0.85 | 0.89 | 0.94 | 0.73 | |
| Workday Inc. | 1.87 | 1.66 | 0.96 | 1.07 | 0.95 | — | |
| Quick Ratio, Sector | |||||||
| Software & Services | 1.00 | 1.21 | 1.26 | 1.51 | 1.75 | — | |
| Quick Ratio, Industry | |||||||
| Information Technology | 0.96 | 1.12 | 1.08 | 1.30 | 1.46 | — | |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).
1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 3,122 ÷ 4,351 = 0.72
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Autodesk Inc. quick ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Cash Ratio
Autodesk Inc., cash ratio calculation, comparison to benchmarks
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Cash and cash equivalents | 1,892) | 1,947) | 1,528) | 1,772) | 1,775) | 886) | |
| Marketable securities | 354) | 125) | 236) | 85) | 69) | 68) | |
| Total cash assets | 2,246) | 2,072) | 1,764) | 1,857) | 1,844) | 954) | |
| Current liabilities | 4,351) | 4,000) | 4,009) | 3,255) | 3,219) | 2,301) | |
| Liquidity Ratio | |||||||
| Cash ratio1 | 0.52 | 0.52 | 0.44 | 0.57 | 0.57 | 0.41 | |
| Benchmarks | |||||||
| Cash Ratio, Competitors2 | |||||||
| Accenture PLC | 0.26 | 0.50 | 0.45 | 0.52 | 0.67 | 0.55 | |
| Adobe Inc. | 0.75 | 0.95 | 0.75 | 0.84 | 1.09 | 0.51 | |
| Cadence Design Systems Inc. | 2.03 | 0.72 | 0.66 | 1.13 | 1.17 | — | |
| CrowdStrike Holdings Inc. | 1.29 | 1.28 | 1.42 | 2.22 | 1.85 | — | |
| International Business Machines Corp. | 0.45 | 0.39 | 0.28 | 0.22 | 0.36 | — | |
| Intuit Inc. | 0.54 | 0.97 | 0.90 | 1.46 | 2.00 | 1.39 | |
| Microsoft Corp. | 0.60 | 1.07 | 1.10 | 1.47 | 1.89 | 1.93 | |
| Oracle Corp. | 0.34 | 0.44 | 1.12 | 1.93 | 2.50 | 2.03 | |
| Palantir Technologies Inc. | 5.25 | 4.93 | 4.48 | 3.83 | 3.33 | — | |
| Palo Alto Networks Inc. | 0.34 | 0.31 | 0.44 | 0.57 | 1.39 | 1.37 | |
| Salesforce Inc. | 0.53 | 0.48 | 0.48 | 0.67 | 0.54 | — | |
| ServiceNow Inc. | 0.69 | 0.66 | 0.71 | 0.67 | 0.83 | — | |
| Synopsys Inc. | 1.53 | 0.53 | 0.56 | 0.65 | 0.58 | 0.42 | |
| Workday Inc. | 1.55 | 1.32 | 0.72 | 0.83 | 0.65 | — | |
| Cash Ratio, Sector | |||||||
| Software & Services | 0.58 | 0.78 | 0.82 | 1.11 | 1.32 | — | |
| Cash Ratio, Industry | |||||||
| Information Technology | 0.57 | 0.71 | 0.66 | 0.89 | 1.06 | — | |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).
1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 2,246 ÷ 4,351 = 0.52
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Autodesk Inc. cash ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |