Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Amphenol Corp., liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Amphenol Corp. current ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Amphenol Corp. quick ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Amphenol Corp. cash ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 not reaching Q3 2023 level. |
Current Ratio
Amphenol Corp., current ratio calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Current assets | 7,041,700) | 6,835,300) | 6,773,300) | 6,321,300) | 6,394,000) | 6,479,100) | 6,326,900) | 6,311,000) | 6,108,700) | 5,958,200) | 6,919,800) | 6,491,200) | 6,186,700) | 5,490,800) | 5,037,000) | 4,618,000) | 5,517,500) | 4,211,200) | 4,232,200) | 4,222,100) | 4,127,500) | |||||||
| Current liabilities | 3,423,100) | 3,152,700) | 2,908,800) | 2,709,700) | 2,426,200) | 2,676,100) | 2,654,900) | 2,580,700) | 2,397,200) | 2,447,100) | 2,885,000) | 2,996,500) | 2,547,900) | 2,304,300) | 2,215,000) | 1,785,200) | 2,170,200) | 2,132,700) | 2,122,600) | 2,052,900) | 1,649,200) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Current ratio1 | 2.06 | 2.17 | 2.33 | 2.33 | 2.64 | 2.42 | 2.38 | 2.45 | 2.55 | 2.43 | 2.40 | 2.17 | 2.43 | 2.38 | 2.27 | 2.59 | 2.54 | 1.97 | 1.99 | 2.06 | 2.50 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 1.07 | 0.99 | 0.98 | 0.94 | 0.94 | 0.88 | 0.86 | 0.93 | 1.04 | 1.07 | 1.06 | 1.14 | 1.16 | 1.36 | 1.47 | 1.50 | 1.60 | 1.54 | 1.50 | 1.32 | 1.30 | |||||||
| Arista Networks Inc. | 5.01 | 4.39 | 4.15 | 4.14 | 3.96 | 4.29 | 4.01 | 3.70 | 3.73 | 4.34 | 5.06 | 5.03 | 5.09 | 4.99 | 5.50 | 5.59 | 5.82 | 5.81 | 5.91 | 5.77 | 5.34 | |||||||
| Cisco Systems Inc. | 1.47 | 1.38 | 1.39 | 1.41 | 1.45 | 1.43 | 1.49 | 1.42 | 1.62 | 1.49 | 1.53 | 1.61 | 1.59 | 1.72 | 1.59 | 1.81 | 1.70 | 1.51 | 1.69 | 1.80 | 2.11 | |||||||
| Dell Technologies Inc. | 0.80 | 0.82 | 0.75 | 0.77 | 0.78 | 0.80 | 0.82 | 0.79 | 0.77 | 0.80 | 0.77 | 0.76 | 0.82 | 0.70 | 0.71 | 0.75 | 0.77 | — | — | — | — | |||||||
| Super Micro Computer Inc. | 2.23 | 2.31 | 2.49 | 2.89 | 2.13 | 1.91 | 1.79 | 1.91 | 1.85 | 1.93 | 2.10 | 2.29 | 2.51 | 2.25 | 2.10 | 2.26 | 2.41 | 2.35 | 2.40 | 2.10 | 2.02 | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 7,041,700 ÷ 3,423,100 = 2.06
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. | Amphenol Corp. current ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Quick Ratio
Amphenol Corp., quick ratio calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Cash and cash equivalents | 1,857,100) | 1,475,000) | 1,481,500) | 1,325,100) | 1,391,100) | 1,373,100) | 1,189,000) | 1,215,200) | 1,247,500) | 1,197,100) | 1,268,100) | 1,209,400) | 2,327,600) | 1,702,000) | 1,420,500) | 1,288,300) | 2,372,300) | 891,200) | 969,300) | 982,300) | 969,700) | |||||||
| Short-term investments | 106,400) | 185,200) | 252,500) | 177,900) | 107,600) | 61,100) | 63,000) | 119,200) | 52,100) | 44,300) | 34,400) | 33,200) | 33,600) | 36,100) | 35,700) | 25,700) | 11,300) | 17,400) | 17,400) | 15,000) | 17,900) | |||||||
| Accounts receivable, less allowance for doubtful accounts | 2,501,400) | 2,618,400) | 2,571,200) | 2,443,500) | 2,411,900) | 2,631,300) | 2,640,100) | 2,571,600) | 2,422,100) | 2,454,800) | 2,204,500) | 2,072,800) | 1,931,800) | 1,951,600) | 1,880,300) | 1,658,300) | 1,540,500) | 1,736,400) | 1,689,100) | 1,685,000) | 1,661,900) | |||||||
| Total quick assets | 4,464,900) | 4,278,600) | 4,305,200) | 3,946,500) | 3,910,600) | 4,065,500) | 3,892,100) | 3,906,000) | 3,721,700) | 3,696,200) | 3,507,000) | 3,315,400) | 4,293,000) | 3,689,700) | 3,336,500) | 2,972,300) | 3,924,100) | 2,645,000) | 2,675,800) | 2,682,300) | 2,649,500) | |||||||
| Current liabilities | 3,423,100) | 3,152,700) | 2,908,800) | 2,709,700) | 2,426,200) | 2,676,100) | 2,654,900) | 2,580,700) | 2,397,200) | 2,447,100) | 2,885,000) | 2,996,500) | 2,547,900) | 2,304,300) | 2,215,000) | 1,785,200) | 2,170,200) | 2,132,700) | 2,122,600) | 2,052,900) | 1,649,200) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Quick ratio1 | 1.30 | 1.36 | 1.48 | 1.46 | 1.61 | 1.52 | 1.47 | 1.51 | 1.55 | 1.51 | 1.22 | 1.11 | 1.68 | 1.60 | 1.51 | 1.66 | 1.81 | 1.24 | 1.26 | 1.31 | 1.61 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 0.92 | 0.84 | 0.81 | 0.76 | 0.77 | 0.71 | 0.70 | 0.76 | 0.88 | 0.91 | 0.89 | 0.97 | 1.02 | 1.22 | 1.31 | 1.30 | 1.44 | 1.38 | 1.35 | 1.13 | 1.14 | |||||||
| Arista Networks Inc. | 3.67 | 3.16 | 2.86 | 2.73 | 2.65 | 3.05 | 2.89 | 2.73 | 2.97 | 3.54 | 4.23 | 4.24 | 4.33 | 4.25 | 4.73 | 4.94 | 5.22 | 5.22 | 5.28 | 4.95 | 4.46 | |||||||
| Cisco Systems Inc. | 1.18 | 1.13 | 1.11 | 1.13 | 1.16 | 1.16 | 1.23 | 1.20 | 1.41 | 1.32 | 1.35 | 1.46 | 1.45 | 1.58 | 1.46 | 1.64 | 1.54 | 1.39 | 1.56 | 1.67 | 1.97 | |||||||
| Dell Technologies Inc. | 0.48 | 0.52 | 0.41 | 0.44 | 0.44 | 0.49 | 0.60 | 0.53 | 0.55 | 0.59 | 0.55 | 0.51 | 0.56 | 0.51 | 0.50 | 0.54 | 0.55 | — | — | — | — | |||||||
| Super Micro Computer Inc. | 0.87 | 1.16 | 0.95 | 1.17 | 0.72 | 0.75 | 0.62 | 0.62 | 0.66 | 0.72 | 0.75 | 0.95 | 1.06 | 0.87 | 0.81 | 1.00 | 1.01 | 1.06 | 0.88 | 0.76 | 0.75 | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 4,464,900 ÷ 3,423,100 = 1.30
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. | Amphenol Corp. quick ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Cash Ratio
Amphenol Corp., cash ratio calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Cash and cash equivalents | 1,857,100) | 1,475,000) | 1,481,500) | 1,325,100) | 1,391,100) | 1,373,100) | 1,189,000) | 1,215,200) | 1,247,500) | 1,197,100) | 1,268,100) | 1,209,400) | 2,327,600) | 1,702,000) | 1,420,500) | 1,288,300) | 2,372,300) | 891,200) | 969,300) | 982,300) | 969,700) | |||||||
| Short-term investments | 106,400) | 185,200) | 252,500) | 177,900) | 107,600) | 61,100) | 63,000) | 119,200) | 52,100) | 44,300) | 34,400) | 33,200) | 33,600) | 36,100) | 35,700) | 25,700) | 11,300) | 17,400) | 17,400) | 15,000) | 17,900) | |||||||
| Total cash assets | 1,963,500) | 1,660,200) | 1,734,000) | 1,503,000) | 1,498,700) | 1,434,200) | 1,252,000) | 1,334,400) | 1,299,600) | 1,241,400) | 1,302,500) | 1,242,600) | 2,361,200) | 1,738,100) | 1,456,200) | 1,314,000) | 2,383,600) | 908,600) | 986,700) | 997,300) | 987,600) | |||||||
| Current liabilities | 3,423,100) | 3,152,700) | 2,908,800) | 2,709,700) | 2,426,200) | 2,676,100) | 2,654,900) | 2,580,700) | 2,397,200) | 2,447,100) | 2,885,000) | 2,996,500) | 2,547,900) | 2,304,300) | 2,215,000) | 1,785,200) | 2,170,200) | 2,132,700) | 2,122,600) | 2,052,900) | 1,649,200) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Cash ratio1 | 0.57 | 0.53 | 0.60 | 0.55 | 0.62 | 0.54 | 0.47 | 0.52 | 0.54 | 0.51 | 0.45 | 0.41 | 0.93 | 0.75 | 0.66 | 0.74 | 1.10 | 0.43 | 0.46 | 0.49 | 0.60 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 0.55 | 0.42 | 0.50 | 0.47 | 0.37 | 0.31 | 0.37 | 0.40 | 0.43 | 0.50 | 0.57 | 0.66 | 0.58 | 0.86 | 0.98 | 0.98 | 1.05 | 0.95 | 1.05 | 0.85 | 0.80 | |||||||
| Arista Networks Inc. | 3.06 | 2.62 | 2.41 | 2.26 | 2.10 | 2.34 | 2.37 | 2.27 | 2.50 | 3.07 | 3.79 | 3.82 | 3.85 | 3.74 | 4.28 | 4.35 | 4.60 | 4.56 | 4.46 | 4.30 | 3.96 | |||||||
| Cisco Systems Inc. | 0.87 | 0.84 | 0.81 | 0.81 | 0.79 | 0.75 | 0.83 | 0.81 | 1.00 | 0.93 | 0.97 | 1.12 | 1.11 | 1.16 | 1.10 | 1.23 | 1.14 | 1.05 | 1.24 | 1.37 | 1.61 | |||||||
| Dell Technologies Inc. | 0.16 | 0.17 | 0.09 | 0.10 | 0.13 | 0.17 | 0.32 | 0.21 | 0.26 | 0.26 | 0.22 | 0.21 | 0.24 | 0.18 | 0.17 | 0.20 | 0.21 | — | — | — | — | |||||||
| Super Micro Computer Inc. | 0.34 | 0.32 | 0.33 | 0.33 | 0.18 | 0.18 | 0.17 | 0.21 | 0.25 | 0.24 | 0.23 | 0.47 | 0.51 | 0.30 | 0.38 | 0.46 | 0.41 | 0.41 | 0.30 | 0.16 | 0.14 | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,963,500 ÷ 3,423,100 = 0.57
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. | Amphenol Corp. cash ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 not reaching Q3 2023 level. |