Stock Analysis on Net

T-Mobile US Inc. (NASDAQ:TMUS)

Analysis of Liquidity Ratios

Microsoft Excel LibreOffice Calc

Liquidity Ratios (Summary)

T-Mobile US Inc., liquidity ratios

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Current ratio 0.89 1.10 0.74 0.81 0.77
Quick ratio 0.66 0.84 0.48 0.54 0.47
Cash ratio 0.28 0.48 0.12 0.12 0.11

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).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. T-Mobile US Inc. current ratio improved from 2019 to 2020 but then slightly deteriorated from 2020 to 2021 not reaching 2019 level.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. T-Mobile US Inc. quick ratio improved from 2019 to 2020 but then slightly deteriorated from 2020 to 2021.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. T-Mobile US Inc. cash ratio improved from 2019 to 2020 but then slightly deteriorated from 2020 to 2021 not reaching 2019 level.

Current Ratio

T-Mobile US Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Current assets 20,891  23,885  9,305  8,281  8,915 
Current liabilities 23,499  21,703  12,506  10,267  11,515 
Liquidity Ratio
Current ratio1 0.89 1.10 0.74 0.81 0.77
Benchmarks
Current Ratio, Competitors2
AT&T Inc. 0.70 0.82 0.79 0.80 0.97
Verizon Communications Inc. 0.78 1.38 0.84 0.91 0.91
Current Ratio, Sector
Telecommunication Services 0.75 1.05 0.80 0.84 0.94
Current Ratio, Industry
Communication Services 1.39 1.71 1.47 1.54 1.59

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
= 20,891 ÷ 23,499 = 0.89

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. T-Mobile US Inc. current ratio improved from 2019 to 2020 but then slightly deteriorated from 2020 to 2021 not reaching 2019 level.

Quick Ratio

T-Mobile US Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
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 6,631  10,385  1,528  1,203  1,219 
Accounts receivable, net of allowance for credit losses 4,167  4,254  1,888  1,769  1,915 
Equipment installment plan receivables, net of allowance for credit losses and imputed discount 4,748  3,577  2,600  2,538  2,290 
Accounts receivable from affiliates 27  22  20  11  22 
Total quick assets 15,573  18,238  6,036  5,521  5,446 
 
Current liabilities 23,499  21,703  12,506  10,267  11,515 
Liquidity Ratio
Quick ratio1 0.66 0.84 0.48 0.54 0.47
Benchmarks
Quick Ratio, Competitors2
AT&T Inc. 0.45 0.47 0.50 0.49 0.82
Verizon Communications Inc. 0.57 1.16 0.62 0.73 0.77
Quick Ratio, Sector
Telecommunication Services 0.52 0.76 0.54 0.58 0.78
Quick Ratio, Industry
Communication Services 1.20 1.51 1.25 1.30 1.42

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
= 15,573 ÷ 23,499 = 0.66

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. T-Mobile US Inc. quick ratio improved from 2019 to 2020 but then slightly deteriorated from 2020 to 2021.

Cash Ratio

T-Mobile US Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
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 6,631  10,385  1,528  1,203  1,219 
Total cash assets 6,631  10,385  1,528  1,203  1,219 
 
Current liabilities 23,499  21,703  12,506  10,267  11,515 
Liquidity Ratio
Cash ratio1 0.28 0.48 0.12 0.12 0.11
Benchmarks
Cash Ratio, Competitors2
AT&T Inc. 0.25 0.15 0.18 0.08 0.62
Verizon Communications Inc. 0.06 0.56 0.06 0.07 0.06
Cash Ratio, Sector
Telecommunication Services 0.20 0.34 0.13 0.08 0.43
Cash Ratio, Industry
Communication Services 0.79 1.06 0.81 0.81 1.00

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
= 6,631 ÷ 23,499 = 0.28

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. T-Mobile US Inc. cash ratio improved from 2019 to 2020 but then slightly deteriorated from 2020 to 2021 not reaching 2019 level.