Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Mastercard Inc., liquidity ratios (quarterly data)
Based on: 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), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Mastercard Inc. current ratio deteriorated from Q3 2022 to Q4 2022 but then slightly improved from Q4 2022 to Q1 2023. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Mastercard Inc. quick ratio deteriorated from Q3 2022 to Q4 2022 but then slightly improved from Q4 2022 to Q1 2023. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Mastercard Inc. cash ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |
Current Ratio
Mastercard Inc., current ratio calculation (quarterly data)
| 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 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Current assets | 16,420) | 16,606) | 16,823) | 15,211) | 15,953) | 16,949) | 15,382) | 15,079) | 16,405) | 19,113) | 18,469) | 19,381) | 18,123) | 16,902) | 14,847) | 14,165) | 14,396) | 16,171) | 15,064) | 14,305) | 14,707) | |||||||
| Current liabilities | 13,651) | 14,171) | 13,476) | 12,085) | 11,928) | 13,162) | 11,561) | 11,297) | 11,475) | 11,847) | 9,958) | 9,923) | 9,712) | 11,904) | 10,714) | 9,497) | 10,246) | 11,593) | 9,709) | 9,455) | 8,948) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Current ratio1 | 1.20 | 1.17 | 1.25 | 1.26 | 1.34 | 1.29 | 1.33 | 1.33 | 1.43 | 1.61 | 1.85 | 1.95 | 1.87 | 1.42 | 1.39 | 1.49 | 1.41 | 1.39 | 1.55 | 1.51 | 1.64 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Accenture PLC | 1.26 | 1.23 | 1.27 | 1.23 | 1.22 | 1.25 | 1.42 | 1.39 | 1.45 | 1.40 | 1.37 | 1.38 | 1.39 | 1.40 | 1.34 | 1.35 | 1.33 | — | — | — | — | |||||||
| Adobe Inc. | 1.12 | 1.11 | 1.14 | 1.07 | 1.04 | 1.25 | 1.39 | 1.31 | 1.27 | 1.48 | 1.44 | 1.29 | 1.23 | 0.79 | 0.74 | 0.70 | 0.97 | 1.13 | 1.66 | 2.08 | 2.12 | |||||||
| Autodesk Inc. | 0.62 | 0.69 | 0.81 | 0.50 | 0.48 | 0.83 | 0.83 | 0.84 | 0.79 | 0.83 | 0.60 | 0.56 | 0.64 | 0.70 | 0.80 | 0.83 | 0.92 | — | — | — | — | |||||||
| Cadence Design Systems Inc. | 1.44 | 1.27 | 1.33 | 1.59 | 1.81 | 1.77 | 1.70 | 1.57 | 1.70 | 1.86 | 1.55 | 1.42 | 1.38 | 1.74 | 1.70 | 1.60 | 1.45 | — | — | — | — | |||||||
| CrowdStrike Holdings Inc. | 1.83 | 1.83 | 1.90 | 1.98 | 2.07 | 2.65 | 1.91 | 2.18 | 2.25 | 2.38 | 2.53 | 2.94 | 1.03 | — | — | — | — | — | — | — | — | |||||||
| International Business Machines Corp. | 1.16 | 0.92 | 0.95 | 0.88 | 0.92 | 0.88 | 0.84 | 0.84 | 0.93 | 0.98 | 1.05 | 1.04 | 0.96 | 1.02 | 1.09 | 1.83 | 1.36 | — | — | — | — | |||||||
| Intuit Inc. | 1.37 | 1.39 | 1.63 | 1.18 | 2.10 | 1.94 | 1.96 | 1.53 | 3.09 | 2.26 | 1.79 | 1.67 | 1.80 | 1.83 | 1.85 | 1.32 | 1.41 | — | — | — | — | |||||||
| Microsoft Corp. | 1.84 | 1.78 | 1.99 | 2.25 | 2.16 | 2.08 | 2.29 | 2.58 | 2.53 | 2.52 | 2.90 | 2.80 | 2.85 | 2.53 | 2.97 | 3.12 | 2.92 | — | — | — | — | |||||||
| Oracle Corp. | 0.60 | 1.62 | 1.52 | 1.65 | 2.04 | 2.30 | 2.16 | 2.17 | 2.66 | 3.03 | 2.12 | 2.37 | 2.25 | 2.49 | 2.65 | 2.80 | 3.43 | — | — | — | — | |||||||
| Palo Alto Networks Inc. | 0.70 | 0.77 | 0.74 | 0.66 | 0.68 | 0.91 | 1.38 | 0.98 | 1.63 | 1.91 | 1.29 | 1.78 | 1.78 | 1.78 | 1.86 | 1.87 | 2.10 | — | — | — | — | |||||||
| Salesforce Inc. | 1.03 | 1.05 | 1.06 | 0.93 | 1.33 | 1.23 | 1.22 | 1.15 | 1.15 | 1.08 | 1.05 | 0.97 | 0.96 | 0.95 | 0.86 | 0.80 | 1.29 | — | — | — | — | |||||||
| ServiceNow Inc. | 1.17 | 1.11 | 1.24 | 1.12 | 1.12 | 1.05 | 1.13 | 1.08 | 1.23 | 1.21 | 1.40 | 1.17 | 1.03 | 1.03 | 1.05 | 1.10 | 1.13 | — | — | — | — | |||||||
| Synopsys Inc. | 1.11 | 1.09 | 1.14 | 1.25 | 1.19 | 1.16 | 1.18 | 1.19 | 1.10 | 1.19 | 1.06 | 0.95 | 0.95 | 0.99 | 0.99 | 0.95 | 0.89 | 0.73 | 0.70 | 0.73 | 0.68 | |||||||
Based on: 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), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2023 Calculation
Current ratio = Current assets ÷ Current liabilities
= 16,420 ÷ 13,651 = 1.20
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. | Mastercard Inc. current ratio deteriorated from Q3 2022 to Q4 2022 but then slightly improved from Q4 2022 to Q1 2023. |
Quick Ratio
Mastercard Inc., quick ratio calculation (quarterly data)
| 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 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Cash and cash equivalents | 6,566) | 7,008) | 7,633) | 5,921) | 6,879) | 7,421) | 6,406) | 6,216) | 7,246) | 10,113) | 10,225) | 11,137) | 10,207) | 6,988) | 5,101) | 5,691) | 5,857) | 6,682) | 6,871) | 6,210) | 6,890) | |||||||
| Restricted cash for litigation settlement | 596) | 589) | 586) | 584) | 585) | 586) | 586) | 586) | 586) | 586) | 586) | 587) | 587) | 584) | 666) | 662) | 662) | 553) | 550) | 549) | 548) | |||||||
| Investments | 402) | 400) | 412) | 438) | 449) | 473) | 510) | 544) | 489) | 483) | 400) | 390) | 477) | 688) | 751) | 809) | 1,317) | 1,696) | 1,622) | 1,535) | 1,378) | |||||||
| Accounts receivable | 3,511) | 3,425) | 3,167) | 3,175) | 2,889) | 3,006) | 2,820) | 2,773) | 2,648) | 2,646) | 2,357) | 2,147) | 2,441) | 2,514) | 2,500) | 2,607) | 2,577) | 2,276) | 2,277) | 2,164) | 2,122) | |||||||
| Settlement assets | 1,236) | 1,270) | 1,019) | 1,063) | 1,101) | 1,319) | 861) | 937) | 1,678) | 1,706) | 1,375) | 1,782) | 1,164) | 2,995) | 2,723) | 1,549) | 1,426) | 2,452) | 1,335) | 1,532) | 1,531) | |||||||
| Restricted security deposits held for customers | 1,608) | 1,568) | 1,531) | 1,621) | 1,730) | 1,873) | 1,832) | 1,806) | 1,759) | 1,696) | 1,568) | 1,548) | 1,518) | 1,370) | 1,173) | 1,061) | 1,044) | 1,080) | 1,034) | 992) | 965) | |||||||
| Total quick assets | 13,919) | 14,260) | 14,348) | 12,802) | 13,633) | 14,678) | 13,015) | 12,862) | 14,406) | 17,230) | 16,511) | 17,591) | 16,394) | 15,139) | 12,914) | 12,379) | 12,883) | 14,739) | 13,689) | 12,982) | 13,434) | |||||||
| Current liabilities | 13,651) | 14,171) | 13,476) | 12,085) | 11,928) | 13,162) | 11,561) | 11,297) | 11,475) | 11,847) | 9,958) | 9,923) | 9,712) | 11,904) | 10,714) | 9,497) | 10,246) | 11,593) | 9,709) | 9,455) | 8,948) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Quick ratio1 | 1.02 | 1.01 | 1.06 | 1.06 | 1.14 | 1.12 | 1.13 | 1.14 | 1.26 | 1.45 | 1.66 | 1.77 | 1.69 | 1.27 | 1.21 | 1.30 | 1.26 | 1.27 | 1.41 | 1.37 | 1.50 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Accenture PLC | 1.12 | 1.12 | 1.14 | 1.10 | 1.10 | 1.14 | 1.31 | 1.27 | 1.34 | 1.29 | 1.25 | 1.25 | 1.28 | 1.29 | 1.22 | 1.23 | 1.22 | — | — | — | — | |||||||
| Adobe Inc. | 1.00 | 1.00 | 1.01 | 0.93 | 0.89 | 1.11 | 1.25 | 1.18 | 1.12 | 1.34 | 1.28 | 1.11 | 1.06 | 0.70 | 0.64 | 0.62 | 0.86 | 1.06 | 1.58 | 1.99 | 2.04 | |||||||
| Autodesk Inc. | 0.52 | 0.62 | 0.72 | 0.42 | 0.40 | 0.77 | 0.77 | 0.77 | 0.71 | 0.78 | 0.54 | 0.49 | 0.56 | 0.62 | 0.70 | 0.73 | 0.81 | — | — | — | — | |||||||
| Cadence Design Systems Inc. | 1.19 | 1.02 | 1.13 | 1.36 | 1.56 | 1.47 | 1.48 | 1.33 | 1.43 | 1.59 | 1.44 | 1.30 | 1.22 | 1.50 | 1.50 | 1.43 | 1.27 | — | — | — | — | |||||||
| CrowdStrike Holdings Inc. | 1.68 | 1.68 | 1.76 | 1.81 | 1.93 | 2.50 | 1.76 | 2.01 | 2.07 | 2.18 | 2.36 | 2.76 | 0.87 | — | — | — | — | — | — | — | — | |||||||
| International Business Machines Corp. | 0.97 | 0.73 | 0.74 | 0.66 | 0.72 | 0.67 | 0.64 | 0.66 | 0.75 | 0.83 | 0.88 | 0.88 | 0.80 | 0.87 | 0.91 | 1.68 | 1.19 | — | — | — | — | |||||||
| Intuit Inc. | 1.10 | 1.17 | 1.29 | 0.78 | 1.71 | 1.60 | 1.72 | 1.20 | 2.74 | 2.04 | 1.54 | 1.30 | 1.34 | 1.44 | 1.57 | 0.94 | 0.89 | — | — | — | — | |||||||
| Microsoft Corp. | 1.59 | 1.57 | 1.77 | 2.05 | 1.96 | 1.90 | 2.10 | 2.36 | 2.30 | 2.33 | 2.73 | 2.65 | 2.68 | 2.35 | 2.80 | 2.93 | 2.72 | — | — | — | — | |||||||
| Oracle Corp. | 0.49 | 1.43 | 1.34 | 1.45 | 1.90 | 2.15 | 2.00 | 2.02 | 2.50 | 2.83 | 1.91 | 2.16 | 2.09 | 2.31 | 2.45 | 2.63 | 3.26 | — | — | — | — | |||||||
| Palo Alto Networks Inc. | 0.65 | 0.73 | 0.70 | 0.62 | 0.64 | 0.86 | 1.23 | 0.88 | 1.48 | 1.78 | 1.16 | 1.64 | 1.64 | 1.65 | 1.73 | 1.74 | 1.98 | — | — | — | — | |||||||
| Salesforce Inc. | 0.88 | 0.93 | 0.89 | 0.79 | 1.19 | 1.11 | 1.05 | 0.98 | 1.00 | 0.95 | 0.87 | 0.82 | 0.81 | 0.82 | 0.68 | 0.64 | 1.13 | — | — | — | — | |||||||
| ServiceNow Inc. | 1.11 | 1.06 | 1.17 | 1.06 | 1.06 | 1.01 | 1.07 | 1.03 | 1.19 | 1.16 | 1.33 | 1.11 | 0.98 | 0.98 | 0.99 | 1.04 | 1.06 | — | — | — | — | |||||||
| Synopsys Inc. | 0.86 | 0.85 | 0.87 | 0.99 | 0.93 | 0.89 | 0.90 | 0.92 | 0.83 | 0.94 | 0.82 | 0.73 | 0.73 | 0.73 | 0.70 | 0.67 | 0.67 | 0.61 | 0.60 | 0.61 | 0.57 | |||||||
Based on: 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), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2023 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 13,919 ÷ 13,651 = 1.02
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. | Mastercard Inc. quick ratio deteriorated from Q3 2022 to Q4 2022 but then slightly improved from Q4 2022 to Q1 2023. |
Cash Ratio
Mastercard Inc., cash ratio calculation (quarterly data)
| 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 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Cash and cash equivalents | 6,566) | 7,008) | 7,633) | 5,921) | 6,879) | 7,421) | 6,406) | 6,216) | 7,246) | 10,113) | 10,225) | 11,137) | 10,207) | 6,988) | 5,101) | 5,691) | 5,857) | 6,682) | 6,871) | 6,210) | 6,890) | |||||||
| Restricted cash for litigation settlement | 596) | 589) | 586) | 584) | 585) | 586) | 586) | 586) | 586) | 586) | 586) | 587) | 587) | 584) | 666) | 662) | 662) | 553) | 550) | 549) | 548) | |||||||
| Investments | 402) | 400) | 412) | 438) | 449) | 473) | 510) | 544) | 489) | 483) | 400) | 390) | 477) | 688) | 751) | 809) | 1,317) | 1,696) | 1,622) | 1,535) | 1,378) | |||||||
| Restricted security deposits held for customers | 1,608) | 1,568) | 1,531) | 1,621) | 1,730) | 1,873) | 1,832) | 1,806) | 1,759) | 1,696) | 1,568) | 1,548) | 1,518) | 1,370) | 1,173) | 1,061) | 1,044) | 1,080) | 1,034) | 992) | 965) | |||||||
| Total cash assets | 9,172) | 9,565) | 10,162) | 8,564) | 9,643) | 10,353) | 9,334) | 9,152) | 10,080) | 12,878) | 12,779) | 13,662) | 12,789) | 9,630) | 7,691) | 8,223) | 8,880) | 10,011) | 10,077) | 9,286) | 9,781) | |||||||
| Current liabilities | 13,651) | 14,171) | 13,476) | 12,085) | 11,928) | 13,162) | 11,561) | 11,297) | 11,475) | 11,847) | 9,958) | 9,923) | 9,712) | 11,904) | 10,714) | 9,497) | 10,246) | 11,593) | 9,709) | 9,455) | 8,948) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Cash ratio1 | 0.67 | 0.67 | 0.75 | 0.71 | 0.81 | 0.79 | 0.81 | 0.81 | 0.88 | 1.09 | 1.28 | 1.38 | 1.32 | 0.81 | 0.72 | 0.87 | 0.87 | 0.86 | 1.04 | 0.98 | 1.09 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Accenture PLC | 0.36 | 0.45 | 0.41 | 0.35 | 0.37 | 0.52 | 0.67 | 0.65 | 0.68 | 0.67 | 0.54 | 0.49 | 0.52 | 0.55 | 0.45 | 0.44 | 0.43 | — | — | — | — | |||||||
| Adobe Inc. | 0.76 | 0.75 | 0.77 | 0.72 | 0.65 | 0.84 | 1.00 | 0.94 | 0.85 | 1.09 | 1.03 | 0.84 | 0.80 | 0.51 | 0.47 | 0.45 | 0.61 | 0.75 | 1.30 | 1.70 | 1.74 | |||||||
| Autodesk Inc. | 0.42 | 0.44 | 0.55 | 0.30 | 0.29 | 0.57 | 0.57 | 0.58 | 0.57 | 0.57 | 0.36 | 0.37 | 0.44 | 0.41 | 0.54 | 0.61 | 0.70 | — | — | — | — | |||||||
| Cadence Design Systems Inc. | 0.78 | 0.65 | 0.82 | 0.99 | 1.18 | 1.12 | 1.12 | 0.91 | 0.94 | 1.17 | 1.17 | 1.03 | 0.93 | 1.05 | 1.06 | 1.04 | 0.85 | — | — | — | — | |||||||
| CrowdStrike Holdings Inc. | 1.44 | 1.42 | 1.54 | 1.57 | 1.71 | 2.22 | 1.51 | 1.76 | 1.81 | 1.85 | 2.01 | 2.42 | 0.58 | — | — | — | — | — | — | — | — | |||||||
| International Business Machines Corp. | 0.57 | 0.28 | 0.32 | 0.24 | 0.32 | 0.22 | 0.23 | 0.22 | 0.31 | 0.36 | 0.41 | 0.37 | 0.30 | 0.24 | 0.31 | 1.10 | 0.47 | — | — | — | — | |||||||
| Intuit Inc. | 0.82 | 0.90 | 1.09 | 0.48 | 1.52 | 1.46 | 1.52 | 1.02 | 2.69 | 2.00 | 1.46 | 1.03 | 1.28 | 1.39 | 1.46 | 0.67 | 0.84 | — | — | — | — | |||||||
| Microsoft Corp. | 1.23 | 1.10 | 1.35 | 1.62 | 1.62 | 1.47 | 1.74 | 1.96 | 1.97 | 1.89 | 2.34 | 2.25 | 2.35 | 1.93 | 2.44 | 2.54 | 2.41 | — | — | — | — | |||||||
| Oracle Corp. | 0.32 | 1.12 | 1.12 | 1.21 | 1.70 | 1.93 | 1.77 | 1.81 | 2.26 | 2.50 | 1.64 | 1.88 | 1.89 | 2.03 | 2.23 | 2.43 | 3.07 | — | — | — | — | |||||||
| Palo Alto Networks Inc. | 0.46 | 0.44 | 0.50 | 0.45 | 0.48 | 0.57 | 0.98 | 0.72 | 1.22 | 1.39 | 0.87 | 1.40 | 1.39 | 1.37 | 1.52 | 1.51 | 1.76 | — | — | — | — | |||||||
| Salesforce Inc. | 0.68 | 0.48 | 0.62 | 0.55 | 0.98 | 0.67 | 0.78 | 0.72 | 0.76 | 0.54 | 0.62 | 0.59 | 0.61 | 0.39 | 0.43 | 0.40 | 0.91 | — | — | — | — | |||||||
| ServiceNow Inc. | 0.85 | 0.71 | 0.89 | 0.81 | 0.83 | 0.67 | 0.80 | 0.76 | 0.94 | 0.83 | 1.04 | 0.82 | 0.68 | 0.61 | 0.67 | 0.74 | 0.79 | — | — | — | — | |||||||
| Synopsys Inc. | 0.48 | 0.56 | 0.60 | 0.70 | 0.51 | 0.65 | 0.66 | 0.65 | 0.47 | 0.58 | 0.51 | 0.42 | 0.34 | 0.42 | 0.42 | 0.36 | 0.29 | 0.34 | 0.36 | 0.30 | 0.31 | |||||||
Based on: 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), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2023 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 9,172 ÷ 13,651 = 0.67
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. | Mastercard Inc. cash ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |