Stock Analysis on Net

Fiserv Inc. (NASDAQ:FISV)

This company has been moved to the archive! The financial data has not been updated since April 28, 2022.

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

Fiserv Inc., liquidity ratios

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Current ratio 1.03 1.04 1.08 1.11 1.02
Quick ratio 0.95 0.95 0.99 0.97 0.88
Cash ratio 0.05 0.06 0.06 0.21 0.17

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Fiserv Inc. current ratio deteriorated from 2019 to 2020 and from 2020 to 2021.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Fiserv Inc. quick ratio deteriorated from 2019 to 2020 and from 2020 to 2021.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Fiserv Inc. cash ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021.

Current Ratio

Fiserv Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Current assets 18,870 16,219 17,046 2,224 1,975
Current liabilities 18,295 15,637 15,727 2,010 1,938
Liquidity Ratio
Current ratio1 1.03 1.04 1.08 1.11 1.02
Benchmarks
Current Ratio, Competitors2
Accenture PLC 1.25 1.40 1.40 1.34
Adobe Inc. 1.25 1.48 0.79 1.13
International Business Machines Corp. 0.88 0.98 1.02
Intuit Inc. 1.94 2.26 1.83 1.14
Microsoft Corp. 2.08 2.52 2.53 2.90
Oracle Corp. 2.30 3.03 2.49 3.96
Palo Alto Networks Inc. 0.91 1.91 1.78 1.93
Salesforce Inc. 1.23 1.08 0.95
ServiceNow Inc. 1.05 1.21 1.03
Synopsys Inc. 1.16 1.19 0.99 0.73
Current Ratio, Sector
Software & Services 1.67 1.92 1.85
Current Ratio, Industry
Information Technology 1.64 1.85 1.77

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 18,870 ÷ 18,295 = 1.03

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. Fiserv Inc. current ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Quick Ratio

Fiserv Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Cash and cash equivalents 835 906 893 415 325
Trade accounts receivable, less allowance for doubtful accounts 2,860 2,482 2,782 1,049 997
Settlement assets 13,652 11,521 11,868 486 385
Total quick assets 17,347 14,909 15,543 1,950 1,707
 
Current liabilities 18,295 15,637 15,727 2,010 1,938
Liquidity Ratio
Quick ratio1 0.95 0.95 0.99 0.97 0.88
Benchmarks
Quick Ratio, Competitors2
Accenture PLC 1.14 1.29 1.29 1.24
Adobe Inc. 1.11 1.34 0.70 1.06
International Business Machines Corp. 0.67 0.83 0.87
Intuit Inc. 1.65 2.04 1.44 0.86
Microsoft Corp. 1.90 2.33 2.35 2.74
Oracle Corp. 2.15 2.83 2.31 3.78
Palo Alto Networks Inc. 0.88 1.85 1.72 1.81
Salesforce Inc. 1.11 0.95 0.82
ServiceNow Inc. 1.01 1.16 0.98
Synopsys Inc. 0.89 0.94 0.73 0.61
Quick Ratio, Sector
Software & Services 1.51 1.76 1.69
Quick Ratio, Industry
Information Technology 1.38 1.60 1.55

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 17,347 ÷ 18,295 = 0.95

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. Fiserv Inc. quick ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Cash Ratio

Fiserv Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Cash and cash equivalents 835 906 893 415 325
Total cash assets 835 906 893 415 325
 
Current liabilities 18,295 15,637 15,727 2,010 1,938
Liquidity Ratio
Cash ratio1 0.05 0.06 0.06 0.21 0.17
Benchmarks
Cash Ratio, Competitors2
Accenture PLC 0.52 0.67 0.55 0.50
Adobe Inc. 0.84 1.09 0.51 0.75
International Business Machines Corp. 0.22 0.36 0.24
Intuit Inc. 1.46 2.00 1.39 0.81
Microsoft Corp. 1.47 1.89 1.93 2.29
Oracle Corp. 1.93 2.50 2.03 3.50
Palo Alto Networks Inc. 0.57 1.39 1.37 1.59
Salesforce Inc. 0.67 0.54 0.39
ServiceNow Inc. 0.67 0.83 0.61
Synopsys Inc. 0.65 0.58 0.42 0.34
Cash Ratio, Sector
Software & Services 1.10 1.33 1.23
Cash Ratio, Industry
Information Technology 0.96 1.19 1.11

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 835 ÷ 18,295 = 0.05

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. Fiserv Inc. cash ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021.