Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Paying user area
Try for free
Accenture PLC pages available for free this week:
- Cash Flow Statement
- Common-Size Balance Sheet: Assets
- Analysis of Solvency Ratios
- Enterprise Value to FCFF (EV/FCFF)
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Operating Profit Margin since 2005
- Current Ratio since 2005
- Price to Earnings (P/E) since 2005
- Price to Sales (P/S) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Accenture PLC for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Liquidity Ratios (Summary)
Accenture PLC, liquidity ratios (quarterly data)
Based on: 10-K (reporting date: 2025-08-31), 10-Q (reporting date: 2025-05-31), 10-Q (reporting date: 2025-02-28), 10-Q (reporting date: 2024-11-30), 10-K (reporting date: 2024-08-31), 10-Q (reporting date: 2024-05-31), 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-K (reporting date: 2023-08-31), 10-Q (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-K (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30).
- Current Ratio Trend
- The current ratio exhibited a general decline from 1.45 in November 2020 to a low of 1.10 in August 2024, suggesting a weakening in the company's short-term liquidity over this period. However, from August 2024 onwards, the current ratio demonstrated a notable recovery, increasing to 1.48 by February 2025, indicating improved ability to cover current liabilities with current assets towards the end of the timeframe.
- Quick Ratio Trend
- The quick ratio followed a somewhat similar pattern to the current ratio but with slightly more pronounced fluctuations. Starting at 1.34 in November 2020, it decreased steadily to 0.98 in August 2024, indicating a reduced capacity to cover short-term obligations with more liquid assets excluding inventory. Subsequent periods showed a recovery, with the ratio rising to 1.33 by February 2025. This pattern points to a temporary compression in liquidity followed by strengthening.
- Cash Ratio Trend
- The cash ratio revealed a more significant downward trend in liquidity buffers in terms of cash and cash equivalents. Beginning at 0.68 in November 2020, the ratio declined steadily to reach a trough of 0.26 in August 2024. The low point signifies a substantial reduction in cash reserves relative to current liabilities during that time. Following this decline, the cash ratio rebounded to 0.56 by August 2025, which, while below the initial level, indicates partial restoration of cash liquidity.
- Overall Liquidity Assessment
- The analysis of all three liquidity ratios over the period suggests that the company experienced a gradual decline in liquidity capacity spanning from late 2020 through much of 2024. This trend may reflect increasing current liabilities, diminishing liquid assets, or a combination of both. The rebound observed from late 2024 onwards across all ratios signals a strategic or operational improvement in managing short-term assets and liabilities, enhancing the firm's liquidity position by early 2025.
Current Ratio
Accenture PLC, current ratio calculation (quarterly data)
| Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||
| Current assets | ||||||||||||||||||||||||||
| Current liabilities | ||||||||||||||||||||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||
| Current ratio1 | ||||||||||||||||||||||||||
| Benchmarks | ||||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||||
| Adobe Inc. | ||||||||||||||||||||||||||
| AppLovin Corp. | ||||||||||||||||||||||||||
| Cadence Design Systems Inc. | ||||||||||||||||||||||||||
| CrowdStrike Holdings Inc. | ||||||||||||||||||||||||||
| Datadog Inc. | ||||||||||||||||||||||||||
| International Business Machines Corp. | ||||||||||||||||||||||||||
| Intuit Inc. | ||||||||||||||||||||||||||
| Microsoft Corp. | ||||||||||||||||||||||||||
| Oracle Corp. | ||||||||||||||||||||||||||
| Palantir Technologies Inc. | ||||||||||||||||||||||||||
| Palo Alto Networks Inc. | ||||||||||||||||||||||||||
| Salesforce Inc. | ||||||||||||||||||||||||||
| ServiceNow Inc. | ||||||||||||||||||||||||||
| Synopsys Inc. | ||||||||||||||||||||||||||
| Workday Inc. | ||||||||||||||||||||||||||
Based on: 10-K (reporting date: 2025-08-31), 10-Q (reporting date: 2025-05-31), 10-Q (reporting date: 2025-02-28), 10-Q (reporting date: 2024-11-30), 10-K (reporting date: 2024-08-31), 10-Q (reporting date: 2024-05-31), 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-K (reporting date: 2023-08-31), 10-Q (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-K (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30).
1 Q4 2025 Calculation
Current ratio = Current assets ÷ Current liabilities
= ÷ =
2 Click competitor name to see calculations.
- Current Assets
- The current assets show a general upward trend over the observed periods. Starting at approximately $18.6 billion, the value fluctuates but grows steadily, reaching nearly $28.9 billion by the end of the latest period. Notable increases occur particularly after early 2023, indicating an expansion in liquid or short-term assets.
- Current Liabilities
- Current liabilities demonstrate a rising pattern as well, beginning around $12.8 billion and progressively increasing to over $20.3 billion by the last period reported. The growth is more gradual initially, with occasional jumps that seem to correspond with increases in current assets, reflecting possibly higher operational or short-term debt obligations.
- Current Ratio
- The current ratio exhibits some variability but remains relatively stable around the range of 1.1 to 1.5. There is a slight decrease observed from values above 1.4 in early 2021 down to a trough near 1.1 around early 2024, followed by recovery and stabilization closer to 1.4 by mid-2025. The fluctuations suggest changes in liquidity management, with the ratio maintaining above 1.0 throughout, indicating that current assets consistently cover current liabilities.
Quick Ratio
Accenture PLC, quick ratio calculation (quarterly data)
| Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||
| Cash and cash equivalents | ||||||||||||||||||||||||||
| Short-term investments | ||||||||||||||||||||||||||
| Receivables and contract assets | ||||||||||||||||||||||||||
| Total quick assets | ||||||||||||||||||||||||||
| Current liabilities | ||||||||||||||||||||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||
| Quick ratio1 | ||||||||||||||||||||||||||
| Benchmarks | ||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||||
| Adobe Inc. | ||||||||||||||||||||||||||
| AppLovin Corp. | ||||||||||||||||||||||||||
| Cadence Design Systems Inc. | ||||||||||||||||||||||||||
| CrowdStrike Holdings Inc. | ||||||||||||||||||||||||||
| Datadog Inc. | ||||||||||||||||||||||||||
| International Business Machines Corp. | ||||||||||||||||||||||||||
| Intuit Inc. | ||||||||||||||||||||||||||
| Microsoft Corp. | ||||||||||||||||||||||||||
| Oracle Corp. | ||||||||||||||||||||||||||
| Palantir Technologies Inc. | ||||||||||||||||||||||||||
| Palo Alto Networks Inc. | ||||||||||||||||||||||||||
| Salesforce Inc. | ||||||||||||||||||||||||||
| ServiceNow Inc. | ||||||||||||||||||||||||||
| Synopsys Inc. | ||||||||||||||||||||||||||
| Workday Inc. | ||||||||||||||||||||||||||
Based on: 10-K (reporting date: 2025-08-31), 10-Q (reporting date: 2025-05-31), 10-Q (reporting date: 2025-02-28), 10-Q (reporting date: 2024-11-30), 10-K (reporting date: 2024-08-31), 10-Q (reporting date: 2024-05-31), 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-K (reporting date: 2023-08-31), 10-Q (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-K (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30).
1 Q4 2025 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= ÷ =
2 Click competitor name to see calculations.
- Total Quick Assets
- The total quick assets exhibit fluctuations throughout the observed periods. Initially, there is a general increase from late 2020 through mid-2021, reaching a peak in May 2021. Subsequently, a decline occurs until November 2021, followed by another rise until early 2023. From early 2023 onwards, the values show some volatility with alternating periods of increase and slight decreases. However, the overall trend from early 2024 to mid-2025 is upward, culminating in the highest recorded level in August 2025, indicating a strengthening liquidity position over the long term.
- Current Liabilities
- Current liabilities present an overall increasing pattern across the timeline, though with some periods of decline. After steady growth from late 2020 through mid-2022, liabilities peak in August 2022 before experiencing a decrease until February 2024. Thereafter, there is a notable upward trend from early 2024 to mid-2025, ending at the highest value in the examined period. This upward trajectory suggests rising short-term obligations, which may impact liquidity and working capital management.
- Quick Ratio
- The quick ratio starts at a relatively strong level above one in late 2020 but experiences a gradual decline through late 2021, reaching its lowest points between early 2024 and mid-2024, even dipping below one by August 2024. This implies a potential short-term liquidity strain during this interval. Following this low, the ratio recovers significantly in late 2024 and stabilizes above 1.3 by mid-2025. The trend indicates that after a period of tightened liquidity, the company improved its ability to cover current liabilities with quick assets toward the end of the period.
- Summary of Observations
- Over the periods reviewed, the company’s liquidity indicators reveal periods of strain and recovery. Total quick assets and current liabilities both trend upward overall, reflecting growing asset bases and corresponding liabilities. The quick ratio reflects these movements by decreasing during phases of increasing liabilities not matched by quick asset growth but recovers as quick assets increase more robustly relative to liabilities. This pattern suggests active management of liquidity risks, with potential short-term pressures around early to mid-2024 followed by a return to stronger liquidity status by mid-2025.
Cash Ratio
Accenture PLC, cash ratio calculation (quarterly data)
| Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||
| Cash and cash equivalents | ||||||||||||||||||||||||||
| Short-term investments | ||||||||||||||||||||||||||
| Total cash assets | ||||||||||||||||||||||||||
| Current liabilities | ||||||||||||||||||||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||
| Cash ratio1 | ||||||||||||||||||||||||||
| Benchmarks | ||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||||
| Adobe Inc. | ||||||||||||||||||||||||||
| AppLovin Corp. | ||||||||||||||||||||||||||
| Cadence Design Systems Inc. | ||||||||||||||||||||||||||
| CrowdStrike Holdings Inc. | ||||||||||||||||||||||||||
| Datadog Inc. | ||||||||||||||||||||||||||
| International Business Machines Corp. | ||||||||||||||||||||||||||
| Intuit Inc. | ||||||||||||||||||||||||||
| Microsoft Corp. | ||||||||||||||||||||||||||
| Oracle Corp. | ||||||||||||||||||||||||||
| Palantir Technologies Inc. | ||||||||||||||||||||||||||
| Palo Alto Networks Inc. | ||||||||||||||||||||||||||
| Salesforce Inc. | ||||||||||||||||||||||||||
| ServiceNow Inc. | ||||||||||||||||||||||||||
| Synopsys Inc. | ||||||||||||||||||||||||||
| Workday Inc. | ||||||||||||||||||||||||||
Based on: 10-K (reporting date: 2025-08-31), 10-Q (reporting date: 2025-05-31), 10-Q (reporting date: 2025-02-28), 10-Q (reporting date: 2024-11-30), 10-K (reporting date: 2024-08-31), 10-Q (reporting date: 2024-05-31), 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-K (reporting date: 2023-08-31), 10-Q (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-K (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30).
1 Q4 2025 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= ÷ =
2 Click competitor name to see calculations.
- Total cash assets
-
Total cash assets exhibited a fluctuating pattern over the analyzed period. Initially, there was an increase from approximately 8.7 billion to over 10 billion US dollars between late 2020 and mid-2021. This was followed by a notable decline ending near 5.6 billion by late 2021. After this trough, cash assets generally recovered, reaching peaks around 9 billion by mid-2023. Subsequently, a renewed decline occurred, dropping below 5.5 billion by early 2024. The latter part of the period saw a strong upward trend, with total cash assets rising sharply to nearly 11.5 billion by mid-2025. Overall, the cash position demonstrated volatility but ended on a substantially higher note relative to the starting point.
- Current liabilities
-
Current liabilities showed a consistent upward trend across the entire timeframe. Starting at approximately 12.8 billion US dollars at the end of 2020, the liabilities increased steadily through successive quarters, surpassing 20 billion by the middle of 2025. Despite some minor fluctuations, the general direction remained positively sloped, indicating growing short-term obligations over time. This increase outpaced fluctuations in cash assets and may reflect expanded operational or financing activities.
- Cash ratio
-
The cash ratio, representing the liquidity buffer relative to current liabilities, declined from 0.68 at the end of 2020 to lows near 0.26 around mid-2024, indicating decreasing immediate liquidity coverage. Several intermittent recoveries were observed, with the ratio rising back to about 0.5 multiple times, especially during late 2022, early 2023, and toward the end of the series in mid-2025. The lowest point corresponded closely with troughs in total cash assets and rising current liabilities, reflecting tighter liquidity positions. The ratio’s improvement toward the end suggests an enhanced ability to meet short-term obligations from cash resources.