Stock Analysis on Net

Amazon.com Inc. (NASDAQ:AMZN)

Analysis of Liquidity Ratios 
Quarterly Data

Microsoft Excel LibreOffice Calc

Liquidity Ratios (Summary)

Amazon.com Inc., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Current ratio 0.96 1.14 1.12 1.20 1.05 1.05 1.11 1.18 1.08 1.10 1.10 1.10 1.09 1.10 1.08 1.07 1.06 1.04 1.03 1.01 1.06
Quick ratio 0.48 0.68 0.64 0.76 0.63 0.67 0.67 0.76 0.62 0.63 0.60 0.60 0.58 0.60 0.54 0.53 0.52 0.54 0.52 0.53 0.58
Cash ratio 0.48 0.68 0.64 0.76 0.63 0.67 0.67 0.76 0.62 0.63 0.60 0.60 0.58 0.60 0.54 0.53 0.52 0.54 0.52 0.53 0.58

Based on: 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), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

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 Q3 2021 to Q4 2021 but then deteriorated significantly from Q4 2021 to Q1 2022.
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 Q3 2021 to Q4 2021 but then deteriorated significantly from Q4 2021 to Q1 2022.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Amazon.com Inc. cash ratio improved from Q3 2021 to Q4 2021 but then deteriorated significantly from Q4 2021 to Q1 2022.

Current Ratio

Amazon.com Inc., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Current assets 133,876  161,580  138,531  140,848  121,408  132,733  112,969  110,908  85,985  96,334  79,054  76,790  69,431  75,101  59,885  54,481  50,829  60,197  48,578  41,007  39,460 
Current liabilities 139,508  142,266  123,994  117,792  115,404  126,385  101,912  93,896  79,711  87,812  72,136  69,678  63,695  68,391  55,324  50,801  48,045  57,883  47,072  40,520  37,399 
Liquidity Ratio
Current ratio1 0.96 1.14 1.12 1.20 1.05 1.05 1.11 1.18 1.08 1.10 1.10 1.10 1.09 1.10 1.08 1.07 1.06 1.04 1.03 1.01 1.06
Benchmarks
Current Ratio, Competitors2
Booking Holdings Inc. 1.72 2.10 2.48 2.05 2.18 3.56 3.17 2.93 2.24 1.83 1.82 1.58 1.27 2.36 2.41 1.92 2.14 2.58 2.52 2.20 2.15
GameStop Corp. 1.36 1.16 1.05 1.05 0.93 1.32 1.18 1.37 1.48 1.43 1.28 1.80 1.89 1.33 1.20 1.34 1.26 1.22 1.10 1.59 1.49
Home Depot Inc. 1.10 1.23 1.36 1.30 1.17 1.08 1.08 1.10 1.04 1.11 1.09 1.13 1.17 1.17 1.23 1.30 1.21 1.25 1.34 1.30 1.25
Lowe’s Cos. Inc. 1.17 1.19 1.38 1.30 1.20 1.01 1.04 1.06 1.09 0.98 1.00 1.06 1.02 1.06 1.02 1.03 1.04 1.00 1.01 1.01 1.17
Target Corp. 1.07 1.03 1.05 1.11 1.01 0.89 0.83 0.84 0.88 0.83 0.83 0.82 0.90 0.95 0.96 0.91 0.95 0.94 1.02 1.05 1.16
TJX Cos. Inc. 1.52 1.46 1.41 1.51 2.20 1.24 1.22 1.25 1.23 1.53 1.55 1.64 1.69 1.66 1.53 1.63 1.64 1.63 1.62 1.58 1.60

Based on: 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), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q1 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 133,876 ÷ 139,508 = 0.96

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 Q3 2021 to Q4 2021 but then deteriorated significantly from Q4 2021 to Q1 2022.

Quick Ratio

Amazon.com Inc., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Cash and cash equivalents 36,393  36,220  29,944  40,380  33,834  42,122  29,930  37,466  27,201  36,092  23,255  22,616  23,115  31,750  20,425  19,823  16,676  20,522  12,767  13,203  15,440 
Marketable securities 29,992  59,829  49,044  49,514  39,436  42,274  38,472  33,925  22,091  18,929  20,146  18,847  13,905  9,500  9,340  7,227  8,287  10,464  11,543  8,248  6,091 
Total quick assets 66,385  96,049  78,988  89,894  73,270  84,396  68,402  71,391  49,292  55,021  43,401  41,463  37,020  41,250  29,765  27,050  24,963  30,986  24,310  21,451  21,531 
 
Current liabilities 139,508  142,266  123,994  117,792  115,404  126,385  101,912  93,896  79,711  87,812  72,136  69,678  63,695  68,391  55,324  50,801  48,045  57,883  47,072  40,520  37,399 
Liquidity Ratio
Quick ratio1 0.48 0.68 0.64 0.76 0.63 0.67 0.67 0.76 0.62 0.63 0.60 0.60 0.58 0.60 0.54 0.53 0.52 0.54 0.52 0.53 0.58
Benchmarks
Quick Ratio, Competitors2
Booking Holdings Inc. 1.63 2.00 2.28 1.86 1.97 3.24 3.04 2.81 1.70 1.49 1.49 1.14 0.69 1.17 1.19 0.94 0.93 1.07 1.18 1.03 1.04
GameStop Corp. 0.70 0.54 0.42 0.63 0.43 0.52 0.28 0.45 0.52 0.81 0.24 0.31 0.28 0.55 0.29 0.33 0.33 0.51 0.25 0.39 0.45
Home Depot Inc. 0.37 0.47 0.68 0.69 0.48 0.23 0.23 0.26 0.21 0.22 0.22 0.31 0.33 0.34 0.36 0.44 0.35 0.32 0.39 0.41 0.35
Lowe’s Cos. Inc. 0.31 0.28 0.52 0.60 0.34 0.06 0.06 0.13 0.18 0.05 0.12 0.18 0.11 0.06 0.06 0.13 0.14 0.05 0.09 0.16 0.34
Target Corp. 0.42 0.42 0.31 0.46 0.32 0.18 0.06 0.12 0.09 0.10 0.05 0.08 0.09 0.20 0.18 0.18 0.22 0.20 0.10 0.13 0.34
TJX Cos. Inc. 0.95 1.01 0.93 0.92 0.96 0.50 0.33 0.39 0.40 0.61 0.52 0.63 0.70 0.70 0.59 0.70 0.75 0.78 0.64 0.58 0.61

Based on: 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), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q1 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 66,385 ÷ 139,508 = 0.48

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 Q3 2021 to Q4 2021 but then deteriorated significantly from Q4 2021 to Q1 2022.

Cash Ratio

Amazon.com Inc., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Cash and cash equivalents 36,393  36,220  29,944  40,380  33,834  42,122  29,930  37,466  27,201  36,092  23,255  22,616  23,115  31,750  20,425  19,823  16,676  20,522  12,767  13,203  15,440 
Marketable securities 29,992  59,829  49,044  49,514  39,436  42,274  38,472  33,925  22,091  18,929  20,146  18,847  13,905  9,500  9,340  7,227  8,287  10,464  11,543  8,248  6,091 
Total cash assets 66,385  96,049  78,988  89,894  73,270  84,396  68,402  71,391  49,292  55,021  43,401  41,463  37,020  41,250  29,765  27,050  24,963  30,986  24,310  21,451  21,531 
 
Current liabilities 139,508  142,266  123,994  117,792  115,404  126,385  101,912  93,896  79,711  87,812  72,136  69,678  63,695  68,391  55,324  50,801  48,045  57,883  47,072  40,520  37,399 
Liquidity Ratio
Cash ratio1 0.48 0.68 0.64 0.76 0.63 0.67 0.67 0.76 0.62 0.63 0.60 0.60 0.58 0.60 0.54 0.53 0.52 0.54 0.52 0.53 0.58
Benchmarks
Cash Ratio, Competitors2
Booking Holdings Inc. 1.41 1.78 2.01 1.67 1.88 3.08 2.82 2.66 1.54 1.18 1.17 0.83 0.42 0.74 0.76 0.61 0.59 0.73 0.79 0.70 0.75
GameStop Corp. 0.62 0.46 0.37 0.57 0.38 0.40 0.18 0.35 0.42 0.74 0.18 0.21 0.20 0.45 0.21 0.20 0.21 0.38 0.17 0.27 0.35
Home Depot Inc. 0.24 0.34 0.58 0.58 0.37 0.12 0.11 0.14 0.10 0.11 0.10 0.19 0.20 0.22 0.22 0.31 0.22 0.18 0.25 0.28 0.21
Lowe’s Cos. Inc. 0.31 0.28 0.52 0.60 0.34 0.06 0.06 0.13 0.18 0.05 0.12 0.18 0.11 0.06 0.06 0.13 0.14 0.05 0.09 0.16 0.34
Target Corp. 0.42 0.42 0.31 0.46 0.32 0.18 0.06 0.12 0.09 0.10 0.05 0.08 0.09 0.20 0.18 0.18 0.22 0.20 0.10 0.13 0.34
TJX Cos. Inc. 0.89 0.97 0.90 0.87 0.92 0.45 0.27 0.33 0.34 0.55 0.45 0.56 0.63 0.64 0.53 0.63 0.68 0.73 0.58 0.52 0.55

Based on: 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), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q1 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 66,385 ÷ 139,508 = 0.48

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 Q3 2021 to Q4 2021 but then deteriorated significantly from Q4 2021 to Q1 2022.