Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Amazon.com Inc., liquidity ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Current ratio | 1.06 | 1.05 | 0.94 | 1.14 | 1.05 | |
| Quick ratio | 0.84 | 0.81 | 0.69 | 0.86 | 0.83 | |
| Cash ratio | 0.56 | 0.53 | 0.45 | 0.68 | 0.67 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Amazon.com Inc. current ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Amazon.com Inc. quick ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Amazon.com Inc. cash ratio improved from 2022 to 2023 and from 2023 to 2024. |
Current Ratio
Amazon.com Inc., current ratio calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current assets | 190,867) | 172,351) | 146,791) | 161,580) | 132,733) | |
| Current liabilities | 179,431) | 164,917) | 155,393) | 142,266) | 126,385) | |
| Liquidity Ratio | ||||||
| Current ratio1 | 1.06 | 1.05 | 0.94 | 1.14 | 1.05 | |
| Benchmarks | ||||||
| Current Ratio, Competitors2 | ||||||
| Home Depot Inc. | 1.35 | 1.41 | 1.01 | 1.23 | 1.08 | |
| Lowe’s Cos. Inc. | 1.23 | 1.10 | 1.02 | 1.19 | 1.01 | |
| TJX Cos. Inc. | 1.21 | 1.21 | 1.27 | 1.46 | 1.24 | |
| Current Ratio, Sector | ||||||
| Consumer Discretionary Distribution & Retail | 1.11 | 1.10 | 0.98 | 1.17 | 1.06 | |
| Current Ratio, Industry | ||||||
| Consumer Discretionary | 1.22 | 1.20 | 1.15 | 1.25 | 1.18 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 190,867 ÷ 179,431 = 1.06
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. | Amazon.com Inc. current ratio improved from 2022 to 2023 and from 2023 to 2024. |
Quick Ratio
Amazon.com Inc., quick ratio calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and cash equivalents | 78,779) | 73,387) | 53,888) | 36,220) | 42,122) | |
| Marketable securities | 22,423) | 13,393) | 16,138) | 59,829) | 42,274) | |
| Customer receivables, net | 34,300) | 34,100) | 26,600) | 20,200) | 14,800) | |
| Vendor receivables, net | 11,600) | 8,500) | 6,900) | 5,300) | 4,800) | |
| Other receivables, net | 3,400) | 4,300) | 4,400) | 1,000) | 381) | |
| Total quick assets | 150,502) | 133,680) | 107,926) | 122,549) | 104,377) | |
| Current liabilities | 179,431) | 164,917) | 155,393) | 142,266) | 126,385) | |
| Liquidity Ratio | ||||||
| Quick ratio1 | 0.84 | 0.81 | 0.69 | 0.86 | 0.83 | |
| Benchmarks | ||||||
| Quick Ratio, Competitors2 | ||||||
| Home Depot Inc. | 0.32 | 0.26 | 0.20 | 0.47 | 0.23 | |
| Lowe’s Cos. Inc. | 0.08 | 0.09 | 0.07 | 0.28 | 0.06 | |
| TJX Cos. Inc. | 0.59 | 0.59 | 0.64 | 1.01 | 0.50 | |
| Quick Ratio, Sector | ||||||
| Consumer Discretionary Distribution & Retail | 0.73 | 0.68 | 0.57 | 0.77 | 0.68 | |
| Quick Ratio, Industry | ||||||
| Consumer Discretionary | 0.90 | 0.85 | 0.81 | 0.92 | 0.88 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 150,502 ÷ 179,431 = 0.84
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. | Amazon.com Inc. quick ratio improved from 2022 to 2023 and from 2023 to 2024. |
Cash Ratio
Amazon.com Inc., cash ratio calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and cash equivalents | 78,779) | 73,387) | 53,888) | 36,220) | 42,122) | |
| Marketable securities | 22,423) | 13,393) | 16,138) | 59,829) | 42,274) | |
| Total cash assets | 101,202) | 86,780) | 70,026) | 96,049) | 84,396) | |
| Current liabilities | 179,431) | 164,917) | 155,393) | 142,266) | 126,385) | |
| Liquidity Ratio | ||||||
| Cash ratio1 | 0.56 | 0.53 | 0.45 | 0.68 | 0.67 | |
| Benchmarks | ||||||
| Cash Ratio, Competitors2 | ||||||
| Home Depot Inc. | 0.17 | 0.12 | 0.08 | 0.34 | 0.12 | |
| Lowe’s Cos. Inc. | 0.08 | 0.09 | 0.07 | 0.28 | 0.06 | |
| TJX Cos. Inc. | 0.54 | 0.53 | 0.59 | 0.97 | 0.45 | |
| Cash Ratio, Sector | ||||||
| Consumer Discretionary Distribution & Retail | 0.49 | 0.44 | 0.37 | 0.61 | 0.54 | |
| Cash Ratio, Industry | ||||||
| Consumer Discretionary | 0.51 | 0.48 | 0.47 | 0.63 | 0.58 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 101,202 ÷ 179,431 = 0.56
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. | Amazon.com Inc. cash ratio improved from 2022 to 2023 and from 2023 to 2024. |