Liquidity ratios measure the company ability to meet its short-term obligations.

CoStar Group Inc., liquidity ratios

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Current ratio	13.92	11.78	11.75	5.79	7.87
Quick ratio	13.75	11.67	11.67	5.62	7.72
Cash ratio	13.33	11.30	11.35	5.17	7.14

Download chart

Liquidity ratio	Description	The company
Current ratio	A liquidity ratio calculated as current assets divided by current liabilities.	CoStar Group Inc. current ratio improved from 2020 to 2021 and from 2021 to 2022.
Quick ratio	A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities.	CoStar Group Inc. quick ratio improved from 2020 to 2021 and from 2021 to 2022.
Cash ratio	A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities.	CoStar Group Inc. cash ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.

CoStar Group Inc., current ratio calculation, comparison to benchmarks

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Selected Financial Data (US$ in thousands)
Current assets	5,185,867)	3,988,125)	3,888,512)	1,199,165)	1,213,298)
Current liabilities	372,615)	338,689)	330,850)	207,056)	154,159)
Liquidity Ratio
Current ratio¹	13.92	11.78	11.75	5.79	7.87
Benchmarks
Current Ratio, Industry
Industrials	1.21	1.30	1.42	1.19	—

¹ 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 5,185,867 ÷ 372,615 = 13.92

Download chart

Liquidity ratio	Description	The company
Current ratio	A liquidity ratio calculated as current assets divided by current liabilities.	CoStar Group Inc. current ratio improved from 2020 to 2021 and from 2021 to 2022.

CoStar Group Inc., quick ratio calculation, comparison to benchmarks

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Selected Financial Data (US$ in thousands)
Cash and cash equivalents	4,967,970)	3,827,126)	3,755,912)	1,070,731)	1,100,416)
Accounts receivable, net	153,945)	124,817)	103,949)	92,240)	89,192)
Total quick assets	5,121,915)	3,951,943)	3,859,861)	1,162,971)	1,189,608)

Current liabilities	372,615)	338,689)	330,850)	207,056)	154,159)
Liquidity Ratio
Quick ratio¹	13.75	11.67	11.67	5.62	7.72
Benchmarks
Quick Ratio, Industry
Industrials	0.70	0.78	0.87	0.71	—

¹ 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 5,121,915 ÷ 372,615 = 13.75

Download chart

Liquidity ratio	Description	The company
Quick ratio	A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities.	CoStar Group Inc. quick ratio improved from 2020 to 2021 and from 2021 to 2022.

CoStar Group Inc., cash ratio calculation, comparison to benchmarks

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Selected Financial Data (US$ in thousands)
Cash and cash equivalents	4,967,970)	3,827,126)	3,755,912)	1,070,731)	1,100,416)
Total cash assets	4,967,970)	3,827,126)	3,755,912)	1,070,731)	1,100,416)

Current liabilities	372,615)	338,689)	330,850)	207,056)	154,159)
Liquidity Ratio
Cash ratio¹	13.33	11.30	11.35	5.17	7.14
Benchmarks
Cash Ratio, Industry
Industrials	0.29	0.35	0.45	0.34	—

¹ 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 4,967,970 ÷ 372,615 = 13.33

Download chart

Liquidity ratio	Description	The company
Cash ratio	A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities.	CoStar Group Inc. cash ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.

CoStar Group Inc. (NASDAQ:CSGP)

Analysis of Liquidity Ratios