Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Fiserv Inc., liquidity ratios (quarterly data)
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. | Fiserv Inc. current ratio deteriorated from Q3 2021 to Q4 2021 but then slightly improved 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. | Fiserv Inc. quick ratio deteriorated from Q3 2021 to Q4 2021 but then improved from Q4 2021 to Q1 2022 not reaching Q3 2021 level. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Fiserv Inc. cash ratio deteriorated from Q3 2021 to Q4 2021 but then slightly improved from Q4 2021 to Q1 2022. |
Current Ratio
Fiserv Inc., current ratio calculation (quarterly data)
| 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 | 18,443) | 18,870) | 18,425) | 17,727) | 16,440) | 16,219) | 14,025) | 17,482) | 12,933) | 17,046) | 17,991) | 10,209) | 2,275) | 2,224) | 2,338) | 1,804) | 1,768) | 1,975) | 1,870) | 1,632) | 1,615) | |||||||
| Current liabilities | 17,730) | 18,295) | 17,562) | 17,251) | 15,905) | 15,637) | 13,263) | 16,760) | 12,119) | 15,727) | 16,661) | 2,054) | 2,120) | 2,010) | 2,320) | 1,655) | 1,683) | 1,938) | 1,850) | 1,707) | 1,790) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Current ratio1 | 1.04 | 1.03 | 1.05 | 1.03 | 1.03 | 1.04 | 1.06 | 1.04 | 1.07 | 1.08 | 1.08 | 4.97 | 1.07 | 1.11 | 1.01 | 1.09 | 1.05 | 1.02 | 1.01 | 0.96 | 0.90 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Accenture PLC | 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 | 1.34 | 1.29 | 1.31 | 1.25 | — | — | — | — | |||||||
| Adobe Inc. | 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 | — | — | — | — | |||||||
| International Business Machines Corp. | 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. | 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 | 1.14 | 1.05 | 0.63 | 0.67 | — | — | — | — | |||||||
| Microsoft Corp. | 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 | 2.90 | 3.40 | 2.89 | 3.12 | — | — | — | — | |||||||
| Oracle Corp. | 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 | 3.96 | 4.33 | 5.07 | 3.63 | — | — | — | — | |||||||
| Palo Alto Networks Inc. | 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 | 1.93 | 1.14 | 1.19 | 1.17 | — | — | — | — | |||||||
| Salesforce Inc. | 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. | 1.12 | 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. | 1.19 | 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: 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
= 18,443 ÷ 17,730 = 1.04
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 Q3 2021 to Q4 2021 but then slightly improved from Q4 2021 to Q1 2022. |
Quick Ratio
Fiserv Inc., quick ratio calculation (quarterly data)
| 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 | 863) | 835) | 933) | 841) | 831) | 906) | 937) | 869) | 896) | 893) | 1,028) | 8,441) | 452) | 415) | 673) | 348) | 382) | 325) | 325) | 299) | 308) | |||||||
| Trade accounts receivable, less allowance for doubtful accounts | 2,911) | 2,860) | 2,793) | 2,663) | 2,617) | 2,482) | 2,323) | 2,512) | 2,582) | 2,782) | 2,653) | 989) | 1,044) | 1,049) | 949) | 932) | 878) | 997) | 898) | 845) | 861) | |||||||
| Settlement assets | 13,240) | 13,652) | 13,244) | 12,945) | 11,741) | 11,521) | 9,403) | 12,987) | 8,400) | 11,868) | 12,980) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Total quick assets | 17,014) | 17,347) | 16,970) | 16,449) | 15,189) | 14,909) | 12,663) | 16,368) | 11,878) | 15,543) | 16,661) | 9,430) | 1,496) | 1,464) | 1,622) | 1,280) | 1,260) | 1,322) | 1,223) | 1,144) | 1,169) | |||||||
| Current liabilities | 17,730) | 18,295) | 17,562) | 17,251) | 15,905) | 15,637) | 13,263) | 16,760) | 12,119) | 15,727) | 16,661) | 2,054) | 2,120) | 2,010) | 2,320) | 1,655) | 1,683) | 1,938) | 1,850) | 1,707) | 1,790) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Quick ratio1 | 0.96 | 0.95 | 0.97 | 0.95 | 0.95 | 0.95 | 0.95 | 0.98 | 0.98 | 0.99 | 1.00 | 4.59 | 0.71 | 0.73 | 0.70 | 0.77 | 0.75 | 0.68 | 0.66 | 0.67 | 0.65 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Accenture PLC | 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 | 1.24 | 1.19 | 1.19 | 1.13 | — | — | — | — | |||||||
| Adobe Inc. | 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 | — | — | — | — | |||||||
| International Business Machines Corp. | 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. | 1.71 | 1.60 | 1.72 | 1.20 | 2.74 | 2.04 | 1.54 | 1.30 | 1.34 | 1.44 | 1.57 | 0.94 | 0.89 | 0.86 | 0.83 | 0.41 | 0.42 | — | — | — | — | |||||||
| Microsoft Corp. | 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 | 2.74 | 3.24 | 2.77 | 2.96 | — | — | — | — | |||||||
| Oracle Corp. | 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 | 3.78 | 4.14 | 4.86 | 3.49 | — | — | — | — | |||||||
| Palo Alto Networks Inc. | 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 | 1.81 | 1.02 | 1.08 | 1.06 | — | — | — | — | |||||||
| Salesforce Inc. | 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. | 1.06 | 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. | 0.93 | 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: 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
= 17,014 ÷ 17,730 = 0.96
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 Q3 2021 to Q4 2021 but then improved from Q4 2021 to Q1 2022 not reaching Q3 2021 level. |
Cash Ratio
Fiserv Inc., cash ratio calculation (quarterly data)
| 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 | 863) | 835) | 933) | 841) | 831) | 906) | 937) | 869) | 896) | 893) | 1,028) | 8,441) | 452) | 415) | 673) | 348) | 382) | 325) | 325) | 299) | 308) | |||||||
| Total cash assets | 863) | 835) | 933) | 841) | 831) | 906) | 937) | 869) | 896) | 893) | 1,028) | 8,441) | 452) | 415) | 673) | 348) | 382) | 325) | 325) | 299) | 308) | |||||||
| Current liabilities | 17,730) | 18,295) | 17,562) | 17,251) | 15,905) | 15,637) | 13,263) | 16,760) | 12,119) | 15,727) | 16,661) | 2,054) | 2,120) | 2,010) | 2,320) | 1,655) | 1,683) | 1,938) | 1,850) | 1,707) | 1,790) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Cash ratio1 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.07 | 0.05 | 0.07 | 0.06 | 0.06 | 4.11 | 0.21 | 0.21 | 0.29 | 0.21 | 0.23 | 0.17 | 0.18 | 0.18 | 0.17 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Accenture PLC | 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 | 0.50 | 0.41 | 0.38 | 0.37 | — | — | — | — | |||||||
| Adobe Inc. | 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 | — | — | — | — | |||||||
| International Business Machines Corp. | 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. | 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 | 0.81 | 0.72 | 0.24 | 0.37 | — | — | — | — | |||||||
| Microsoft Corp. | 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 | 2.29 | 2.87 | 2.46 | 2.68 | — | — | — | — | |||||||
| Oracle Corp. | 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 | 3.50 | 3.92 | 4.62 | 3.31 | — | — | — | — | |||||||
| Palo Alto Networks Inc. | 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 | 1.59 | 0.83 | 0.88 | 0.86 | — | — | — | — | |||||||
| Salesforce Inc. | 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. | 0.83 | 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. | 0.51 | 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: 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
= 863 ÷ 17,730 = 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 deteriorated from Q3 2021 to Q4 2021 but then slightly improved from Q4 2021 to Q1 2022. |