T-Mobile US Inc. (TMUS)


Analysis of Liquidity Ratios
Quarterly Data

Low level of difficulty

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
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 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
Current ratio 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 1.59 1.55 1.39 2.12
Quick ratio 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 1.18 1.20 1.00 1.49
Cash ratio 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 0.61 0.67 0.43 0.90

Based on: 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), 10-K (filing date: 2015-02-19), 10-Q (filing date: 2014-10-28), 10-Q (filing date: 2014-07-31), 10-Q (filing date: 2014-05-01).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities.

Current Ratio

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

Microsoft Excel LibreOffice Calc
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 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
Selected Financial Data (US$ in millions)
Current assets 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  13,984  13,295  9,896  12,957 
Current liabilities 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  8,776  8,605  7,131  6,110 
Liquidity Ratio
Current ratio1 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 1.59 1.55 1.39 2.12

Based on: 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), 10-K (filing date: 2015-02-19), 10-Q (filing date: 2014-10-28), 10-Q (filing date: 2014-07-31), 10-Q (filing date: 2014-05-01).

1 Q3 2019 Calculation
Current ratio = Current assets ÷ Current liabilities
= 8,458 ÷ 12,869 = 0.66

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities.

Quick Ratio

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

Microsoft Excel LibreOffice Calc
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 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
Selected Financial Data (US$ in millions)
Cash and cash equivalents 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  5,315  5,787  3,080  5,471 
Short-term investments —  —  —  —  —  —  —  —  —  —  —  —  —  —  2,925  2,998  —  —  —  —  —  —  — 
Accounts receivable, net of allowances 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  1,865  4,433  3,939  3,560 
Equipment installment plan receivables, net 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  3,062  —  —  — 
Accounts receivable from affiliates 20  18  16  11  12  11  13  22  24  32  37  40  46  39  37  36  32  52  85  76  82  87  60 
Total quick assets 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  10,318  10,302  7,106  9,091 
 
Current liabilities 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  8,776  8,605  7,131  6,110 
Liquidity Ratio
Quick ratio1 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 1.18 1.20 1.00 1.49

Based on: 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), 10-K (filing date: 2015-02-19), 10-Q (filing date: 2014-10-28), 10-Q (filing date: 2014-07-31), 10-Q (filing date: 2014-05-01).

1 Q3 2019 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 5,920 ÷ 12,869 = 0.46

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities.

Cash Ratio

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

Microsoft Excel LibreOffice Calc
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 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
Selected Financial Data (US$ in millions)
Cash and cash equivalents 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  5,315  5,787  3,080  5,471 
Short-term investments —  —  —  —  —  —  —  —  —  —  —  —  —  —  2,925  2,998  —  —  —  —  —  —  — 
Total cash assets 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  5,315  5,787  3,080  5,471 
 
Current liabilities 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  8,776  8,605  7,131  6,110 
Liquidity Ratio
Cash ratio1 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 0.61 0.67 0.43 0.90

Based on: 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), 10-K (filing date: 2015-02-19), 10-Q (filing date: 2014-10-28), 10-Q (filing date: 2014-07-31), 10-Q (filing date: 2014-05-01).

1 Q3 2019 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,653 ÷ 12,869 = 0.13

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities.