Stock Analysis on Net

Autodesk Inc. (NASDAQ:ADSK)

$22.49

This company has been moved to the archive! The financial data has not been updated since December 3, 2024.

Current Ratio
since 2005

Microsoft Excel

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Calculation

Autodesk Inc., current ratio, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).

1 US$ in millions


The data reveals several notable trends in the company's short-term financial position over the analyzed period.

Current Assets
Current assets exhibited an overall growth trend from 2005 to 2024, increasing from US$782 million to US$3,579 million. There were some fluctuations, such as a notable peak around 2014 followed by a decline until 2019, after which the assets again increased significantly through to 2024. This growth indicates a general expansion of assets available for conversion into cash within a year.
Current Liabilities
Current liabilities also showed a rising trajectory from US$477 million in 2005 to US$4,351 million in 2024. The increase was steady, with sharper rises from 2013 onwards, suggesting an increasing burden of short-term obligations during these later years.
Current Ratio
The current ratio started relatively strong at 1.64 in 2005, reflecting a comfortable liquidity position. It rose to its highest point at 2.65 in 2014, indicating a peak in liquidity. However, from that peak, the current ratio experienced a sustained decline, falling below 1.0 after 2015 and remaining below or near 0.8 through 2024. This decline points to decreasing liquidity and a reduced buffer of current assets relative to current liabilities.

In summary, while both current assets and current liabilities increased significantly over the years, liabilities grew at a faster pace in the later years, resulting in a diminishing current ratio. The declining current ratio below the critical threshold of 1.0 for several years highlights potential liquidity concerns, implying that the company may face challenges in meeting its short-term obligations without drawing on long-term assets or additional financing.


Comparison to Competitors

Autodesk Inc., current ratio, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).


Comparison to Sector (Software & Services)


Comparison to Industry (Information Technology)