Stock Analysis on Net
Stock Analysis on Net

T-Mobile US Inc. (NASDAQ:TMUS)

Analysis of Liquidity Ratios
Quarterly Data

Beginner level

Liquidity ratios measure the company’s ability to meet its short-term obligations.


Liquidity Ratios (Summary)

T-Mobile US Inc., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Current ratio 0.64 0.74 0.66 0.62 0.66 0.81 0.85 0.76 0.78 0.77 0.92 0.77 1.04 1.58 1.67 1.63 1.42 1.56 1.43 1.41 1.35
Quick ratio 0.36 0.48 0.46 0.41 0.43 0.54 0.51 0.45 0.53 0.47 0.57 0.45 0.74 1.04 1.10 1.06 1.14 1.24 0.89 0.97 0.96
Cash ratio 0.08 0.12 0.13 0.08 0.11 0.12 0.04 0.02 0.20 0.11 0.09 0.02 0.49 0.61 0.66 0.63 0.70 0.80 0.30 0.32 0.35

Based on: 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-06), 10-Q (filing date: 2019-10-28), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-07), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-08-01), 10-Q (filing date: 2018-05-01), 10-K (filing date: 2018-02-08), 10-Q (filing date: 2017-10-23), 10-Q (filing date: 2017-07-20), 10-Q (filing date: 2017-04-24), 10-K (filing date: 2017-02-14), 10-Q (filing date: 2016-10-24), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-K (filing date: 2016-02-17), 10-Q (filing date: 2015-10-27), 10-Q (filing date: 2015-07-30), 10-Q (filing date: 2015-04-28).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. T-Mobile US Inc.’s current ratio improved from Q3 2019 to Q4 2019 but then deteriorated significantly from Q4 2019 to Q1 2020.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. T-Mobile US Inc.’s quick ratio improved from Q3 2019 to Q4 2019 but then deteriorated significantly from Q4 2019 to Q1 2020.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. T-Mobile US Inc.’s cash ratio deteriorated from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.

Current Ratio

T-Mobile US Inc., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Current assets 9,487  9,305  8,458  8,114  8,745  8,281  7,286  7,091  9,609  8,915  7,449  6,780  15,899  14,217  13,530  14,280  13,344  14,890  12,656  11,657  11,635 
Current liabilities 14,756  12,506  12,869  13,173  13,327  10,267  8,572  9,281  12,357  11,515  8,103  8,828  15,285  9,022  8,119  8,752  9,369  9,528  8,843  8,264  8,649 
Liquidity Ratio
Current ratio1 0.64 0.74 0.66 0.62 0.66 0.81 0.85 0.76 0.78 0.77 0.92 0.77 1.04 1.58 1.67 1.63 1.42 1.56 1.43 1.41 1.35

Based on: 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-06), 10-Q (filing date: 2019-10-28), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-07), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-08-01), 10-Q (filing date: 2018-05-01), 10-K (filing date: 2018-02-08), 10-Q (filing date: 2017-10-23), 10-Q (filing date: 2017-07-20), 10-Q (filing date: 2017-04-24), 10-K (filing date: 2017-02-14), 10-Q (filing date: 2016-10-24), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-K (filing date: 2016-02-17), 10-Q (filing date: 2015-10-27), 10-Q (filing date: 2015-07-30), 10-Q (filing date: 2015-04-28).

1 Q1 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 9,487 ÷ 14,756 = 0.64

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. T-Mobile US Inc.’s current ratio improved from Q3 2019 to Q4 2019 but then deteriorated significantly from Q4 2019 to Q1 2020.

Quick Ratio

T-Mobile US Inc., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Cash and cash equivalents 1,112  1,528  1,653  1,105  1,439  1,203  329  215  2,527  1,219  739  181  7,501  5,500  5,352  5,538  3,647  4,582  2,633  2,642  3,032 
Short-term investments —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  2,925  2,998  —  —  — 
Accounts receivable, net of allowance for credit losses 1,836  1,888  1,822  1,817  1,749  1,769  1,652  1,630  1,689  1,915  1,734  1,719  1,851  1,896  1,885  1,866  1,880  1,788  1,810  1,827  1,933 
Equipment installment plan receivables, net of allowance for credit losses and imputed discount 2,406  2,600  2,425  2,446  2,466  2,538  2,366  2,308  2,281  2,290  2,136  2,060  1,880  1,930  1,669  1,831  2,149  2,378  3,397  3,503  3,259 
Accounts receivable from affiliates 26  20  20  18  16  11  12  11  13  22  24  32  37  40  46  39  37  36  32  52  85 
Total quick assets 5,380  6,036  5,920  5,386  5,670  5,521  4,359  4,164  6,510  5,446  4,633  3,992  11,269  9,366  8,952  9,274  10,638  11,782  7,872  8,024  8,309 
 
Current liabilities 14,756  12,506  12,869  13,173  13,327  10,267  8,572  9,281  12,357  11,515  8,103  8,828  15,285  9,022  8,119  8,752  9,369  9,528  8,843  8,264  8,649 
Liquidity Ratio
Quick ratio1 0.36 0.48 0.46 0.41 0.43 0.54 0.51 0.45 0.53 0.47 0.57 0.45 0.74 1.04 1.10 1.06 1.14 1.24 0.89 0.97 0.96

Based on: 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-06), 10-Q (filing date: 2019-10-28), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-07), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-08-01), 10-Q (filing date: 2018-05-01), 10-K (filing date: 2018-02-08), 10-Q (filing date: 2017-10-23), 10-Q (filing date: 2017-07-20), 10-Q (filing date: 2017-04-24), 10-K (filing date: 2017-02-14), 10-Q (filing date: 2016-10-24), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-K (filing date: 2016-02-17), 10-Q (filing date: 2015-10-27), 10-Q (filing date: 2015-07-30), 10-Q (filing date: 2015-04-28).

1 Q1 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 5,380 ÷ 14,756 = 0.36

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.’s quick ratio improved from Q3 2019 to Q4 2019 but then deteriorated significantly from Q4 2019 to Q1 2020.

Cash Ratio

T-Mobile US Inc., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Cash and cash equivalents 1,112  1,528  1,653  1,105  1,439  1,203  329  215  2,527  1,219  739  181  7,501  5,500  5,352  5,538  3,647  4,582  2,633  2,642  3,032 
Short-term investments —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  2,925  2,998  —  —  — 
Total cash assets 1,112  1,528  1,653  1,105  1,439  1,203  329  215  2,527  1,219  739  181  7,501  5,500  5,352  5,538  6,572  7,580  2,633  2,642  3,032 
 
Current liabilities 14,756  12,506  12,869  13,173  13,327  10,267  8,572  9,281  12,357  11,515  8,103  8,828  15,285  9,022  8,119  8,752  9,369  9,528  8,843  8,264  8,649 
Liquidity Ratio
Cash ratio1 0.08 0.12 0.13 0.08 0.11 0.12 0.04 0.02 0.20 0.11 0.09 0.02 0.49 0.61 0.66 0.63 0.70 0.80 0.30 0.32 0.35

Based on: 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-06), 10-Q (filing date: 2019-10-28), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-07), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-08-01), 10-Q (filing date: 2018-05-01), 10-K (filing date: 2018-02-08), 10-Q (filing date: 2017-10-23), 10-Q (filing date: 2017-07-20), 10-Q (filing date: 2017-04-24), 10-K (filing date: 2017-02-14), 10-Q (filing date: 2016-10-24), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-K (filing date: 2016-02-17), 10-Q (filing date: 2015-10-27), 10-Q (filing date: 2015-07-30), 10-Q (filing date: 2015-04-28).

1 Q1 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,112 ÷ 14,756 = 0.08

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.’s cash ratio deteriorated from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.