Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Paying user area
Try for free
T-Mobile US Inc. pages available for free this week:
- Common-Size Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Net Profit Margin since 2013
- Current Ratio since 2013
- Price to Book Value (P/BV) since 2013
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to T-Mobile US Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Liquidity Ratios (Summary)
T-Mobile US Inc., liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 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).
- Current Ratio
- The current ratio showed significant fluctuations over the analyzed periods. It started at a low point of 0.64 at the end of Q1 2020, rising to a peak of 1.10 by Q4 2020. Subsequently, there was a gradual decline throughout 2021 and 2022, reaching a low of 0.77 by Q4 2022. From 2023 onward, the ratio generally trended upward, peaking again at 1.16 in Q1 2025. This pattern suggests periodic improvements in liquidity, with some phases of contraction, followed by recovery towards stronger short-term financial stability.
- Quick Ratio
- The quick ratio followed a pattern broadly similar to the current ratio but remained consistently lower, indicating a greater proportion of current assets tied up in less liquid forms. It increased markedly from 0.36 in Q1 2020 to 0.84 in Q4 2020. After this, the ratio experienced a moderate decline, stabilizing around the mid-0.6 range through 2021 and 2022. From 2023 forward, the quick ratio showed moderate improvement, reaching 0.88 by Q1 2025. This suggests a cautious yet positive trend in liquid asset availability excluding inventory.
- Cash Ratio
- The cash ratio demonstrated the most volatile trends among the liquidity measures. It rose sharply from 0.08 in Q1 2020 to reach 0.48 by Q2 2020 and Q4 2020. Following this peak, the ratio declined and fluctuated between 0.15 and 0.33 through much of 2021 and 2022, indicating varying levels of cash and equivalents relative to current liabilities. From 2023 onward, the ratio exhibited a gradual upward trend punctuated by short-term fluctuations, culminating at 0.51 in Q1 2025. This volatility reflects changes in immediate cash reserves, with recent periods showing stronger cash liquidity.
Current Ratio
T-Mobile US Inc., current ratio calculation (quarterly data)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | 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 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Current assets | ||||||||||||||||||||||||||||
| Current liabilities | ||||||||||||||||||||||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Current ratio1 | ||||||||||||||||||||||||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||||||
| AT&T Inc. | ||||||||||||||||||||||||||||
| Verizon Communications Inc. | ||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 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).
1 Q1 2025 Calculation
Current ratio = Current assets ÷ Current liabilities
= ÷ =
2 Click competitor name to see calculations.
The analysis of the quarterly financial data reveals several notable trends concerning liquidity and working capital management.
- Current Assets
- The current assets displayed significant fluctuations across the periods. Initially, there was a noticeable peak in the second quarter of 2020, reaching 24,321 million USD, followed by a decline and subsequent oscillations around the 17,000 to 21,000 million USD range. During the last quarters, there was an upward trend with a substantial increase to 27,441 million USD reported in the first quarter of 2025, marking one of the highest values within the entire span.
- Current Liabilities
- Current liabilities also experienced variability over the quarters. There was an initial moderate decrease after the peak in the first quarter of 2020, followed by cyclical movements between 19,200 million and 24,000 million USD. Although some quarters witnessed reductions, liabilities generally maintained elevated levels, peaking again in the fourth quarter of 2022 at 24,742 million USD. The first quarter of 2025 showed a moderately high liability of 23,629 million USD.
- Current Ratio
- The current ratio, which measures short-term liquidity by comparing current assets to current liabilities, predominantly remained below 1, indicating that liabilities often exceeded assets during several periods. The ratio was highest at 1.16 in the first quarter of 2025, suggesting improved liquidity conditions at that time. Earlier peaks above 1 were observed notably in the second quarter of 2020 and the fourth quarter of 2020. Nonetheless, many quarters exhibited ratios significantly under 1, reflecting potential liquidity constraints or tight working capital management.
In summary, the entity experienced varying liquidity positions throughout the periods, with current assets and liabilities both showing fluctuations. There were intervals where liquidity conditions improved, as indicated by a current ratio exceeding 1, but these were interspersed with periods of tighter liquidity. The recent quarters show signs of enhanced liquidity, supported by rising current assets and an improved current ratio. However, current liabilities remained considerable, necessitating ongoing attention to optimize working capital and ensure sustained liquidity.
Quick Ratio
T-Mobile US Inc., quick ratio calculation (quarterly data)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | 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 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Cash and cash equivalents | ||||||||||||||||||||||||||||
| Accounts receivable, net of allowance for credit losses | ||||||||||||||||||||||||||||
| Equipment installment plan receivables, net of allowance for credit losses and imputed discount | ||||||||||||||||||||||||||||
| Total quick assets | ||||||||||||||||||||||||||||
| Current liabilities | ||||||||||||||||||||||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Quick ratio1 | ||||||||||||||||||||||||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||||||
| AT&T Inc. | ||||||||||||||||||||||||||||
| Verizon Communications Inc. | ||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 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).
1 Q1 2025 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= ÷ =
2 Click competitor name to see calculations.
The financial data reveals notable fluctuations in total quick assets, current liabilities, and the quick ratio over the reported periods.
- Total Quick Assets
-
Total quick assets exhibited significant volatility, starting at 5,380 million US dollars in the first quarter of 2020, surging to a peak of 17,649 million in the second quarter of 2020. Subsequent quarters showed a decline and rebound pattern with values oscillating between approximately 12,322 million and 16,403 million. In the last few quarters, a marked increase is observable, culminating in a high of 20,689 million in the first quarter of 2025, suggesting an overall upward trend with intermittent fluctuations.
- Current Liabilities
-
Current liabilities consistently remained higher than total quick assets throughout the periods and fluctuated between 14,756 million and 26,362 million. A peak was noted in the third quarter of 2022 at 26,362 million, followed by a decreasing trend with some volatility thereafter. In the most recent quarters, liabilities hovered mostly in the low 20,000 million range, indicating some degree of stabilization after prior variability.
- Quick Ratio
-
The quick ratio, which measures the ability to cover current liabilities with quick assets, ranged from a low of 0.36 in the first quarter of 2020 to a high of 0.88 in the first quarter of 2025. Early 2020 quarters showed lower liquidity, with the quick ratio below 0.8 for the majority of the year. Starting mid-2021, the ratio experienced some improvement but generally remained below 0.7, indicating constrained liquidity. Notably, from 2024 onward, the quick ratio improved considerably, peaking at 0.88 by the first quarter of 2025. This improvement points to enhanced short-term financial stability and a better capacity to cover immediate obligations.
Overall, the data indicates a dynamic liquidity situation with considerable fluctuations in both quick assets and current liabilities, but a progressive strengthening of liquidity position as reflected by the improving quick ratio in the most recent quarters.
Cash Ratio
T-Mobile US Inc., cash ratio calculation (quarterly data)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | 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 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Cash and cash equivalents | ||||||||||||||||||||||||||||
| Total cash assets | ||||||||||||||||||||||||||||
| Current liabilities | ||||||||||||||||||||||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Cash ratio1 | ||||||||||||||||||||||||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||||||
| AT&T Inc. | ||||||||||||||||||||||||||||
| Verizon Communications Inc. | ||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 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).
1 Q1 2025 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= ÷ =
2 Click competitor name to see calculations.
The analyzed data reveals fluctuations in total cash assets, current liabilities, and the cash ratio over the observed periods.
- Total Cash Assets
- The total cash assets exhibit significant variability across the time frame. Beginning with a moderate level at the end of Q1 2020, there is a notable peak in Q2 2020. Subsequently, cash assets decline sharply in Q3 2020 but recover partially in Q4 2020. From 2021 through 2023, cash assets display alternating decreases and increases without establishing a clear upward or downward trend. In the four quarters of 2024, cash assets demonstrate a general rising trend, culminating in the highest figure observed at the end of Q1 2025.
- Current Liabilities
- Current liabilities show substantial fluctuations reflecting changing short-term obligations. After an initial increase from Q1 2020 to mid-2020, liabilities fluctuate throughout 2020 and 2021 with several peaks and troughs, reaching the highest points in Q4 2020 and Q4 2021. During 2022 and 2023, current liabilities maintain a generally high level with some decline in late 2023. The trend towards the end of the data indicates a moderate decrease, although liabilities remain elevated relative to early 2020 figures.
- Cash Ratio
- The cash ratio, measuring liquidity relative to current liabilities, reflects the variability observed in cash assets and liabilities. The ratio starts low in early 2020 but rises sharply in Q2 2020, likely driven by the surge in cash assets and corresponding liabilities. Following this, there is a downward trend with intermittent recoveries through 2021 to 2023, generally indicating modest liquidity coverage. In 2024, the ratio improves notably, especially in Q1 and Q3, suggesting enhanced liquidity relative to current obligations at these times.
Overall, the data portrays a company managing through varied cash and liability positions, with liquidity levels influenced by these fluctuations. The improvements seen in the cash ratio during 2024 suggest a strengthening of short-term financial stability compared to earlier periods.