Stock Analysis on Net

Mastercard Inc. (NYSE:MA)

This company has been moved to the archive! The financial data has not been updated since April 27, 2023.

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

Mastercard Inc., liquidity ratios

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Current ratio 1.17 1.29 1.61 1.42 1.39
Quick ratio 1.01 1.12 1.45 1.27 1.27
Cash ratio 0.67 0.79 1.09 0.81 0.86

Based on: 10-K (reporting date: 2022-12-31), 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).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Mastercard Inc. current ratio deteriorated from 2020 to 2021 and from 2021 to 2022.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Mastercard Inc. quick ratio deteriorated from 2020 to 2021 and from 2021 to 2022.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Mastercard Inc. cash ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Current Ratio

Mastercard Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Current assets 16,606 16,949 19,113 16,902 16,171
Current liabilities 14,171 13,162 11,847 11,904 11,593
Liquidity Ratio
Current ratio1 1.17 1.29 1.61 1.42 1.39
Benchmarks
Current Ratio, Competitors2
Accenture PLC 1.23 1.25 1.40 1.40 1.34
Adobe Inc. 1.11 1.25 1.48 0.79 1.13
International Business Machines Corp. 0.92 0.88 0.98 1.02
Intuit Inc. 1.39 1.94 2.26 1.83 1.14
Microsoft Corp. 1.78 2.08 2.52 2.53 2.90
Oracle Corp. 1.62 2.30 3.03 2.49 3.96
Palo Alto Networks Inc. 0.77 0.91 1.91 1.78 1.93
Salesforce Inc. 1.05 1.23 1.08 0.95
ServiceNow Inc. 1.11 1.05 1.21 1.03
Synopsys Inc. 1.09 1.16 1.19 0.99 0.73
Current Ratio, Sector
Software & Services 1.42 1.67 1.92 1.85
Current Ratio, Industry
Information Technology 1.44 1.64 1.85 1.77

Based on: 10-K (reporting date: 2022-12-31), 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).

1 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 16,606 ÷ 14,171 = 1.17

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. Mastercard Inc. current ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Quick Ratio

Mastercard Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Cash and cash equivalents 7,008 7,421 10,113 6,988 6,682
Restricted cash for litigation settlement 589 586 586 584 553
Investments 400 473 483 688 1,696
Accounts receivable 3,425 3,006 2,646 2,514 2,276
Settlement assets 1,270 1,319 1,706 2,995 2,452
Restricted security deposits held for customers 1,568 1,873 1,696 1,370 1,080
Total quick assets 14,260 14,678 17,230 15,139 14,739
 
Current liabilities 14,171 13,162 11,847 11,904 11,593
Liquidity Ratio
Quick ratio1 1.01 1.12 1.45 1.27 1.27
Benchmarks
Quick Ratio, Competitors2
Accenture PLC 1.12 1.14 1.29 1.29 1.24
Adobe Inc. 1.00 1.11 1.34 0.70 1.06
International Business Machines Corp. 0.73 0.67 0.83 0.87
Intuit Inc. 1.17 1.65 2.04 1.44 0.86
Microsoft Corp. 1.57 1.90 2.33 2.35 2.74
Oracle Corp. 1.43 2.15 2.83 2.31 3.78
Palo Alto Networks Inc. 0.75 0.88 1.85 1.72 1.81
Salesforce Inc. 0.93 1.11 0.95 0.82
ServiceNow Inc. 1.06 1.01 1.16 0.98
Synopsys Inc. 0.85 0.89 0.94 0.73 0.61
Quick Ratio, Sector
Software & Services 1.25 1.51 1.76 1.69
Quick Ratio, Industry
Information Technology 1.15 1.38 1.60 1.55

Based on: 10-K (reporting date: 2022-12-31), 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).

1 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 14,260 ÷ 14,171 = 1.01

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. Mastercard Inc. quick ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Cash Ratio

Mastercard Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Cash and cash equivalents 7,008 7,421 10,113 6,988 6,682
Restricted cash for litigation settlement 589 586 586 584 553
Investments 400 473 483 688 1,696
Restricted security deposits held for customers 1,568 1,873 1,696 1,370 1,080
Total cash assets 9,565 10,353 12,878 9,630 10,011
 
Current liabilities 14,171 13,162 11,847 11,904 11,593
Liquidity Ratio
Cash ratio1 0.67 0.79 1.09 0.81 0.86
Benchmarks
Cash Ratio, Competitors2
Accenture PLC 0.45 0.52 0.67 0.55 0.50
Adobe Inc. 0.75 0.84 1.09 0.51 0.75
International Business Machines Corp. 0.28 0.22 0.36 0.24
Intuit Inc. 0.90 1.46 2.00 1.39 0.81
Microsoft Corp. 1.10 1.47 1.89 1.93 2.29
Oracle Corp. 1.12 1.93 2.50 2.03 3.50
Palo Alto Networks Inc. 0.44 0.57 1.39 1.37 1.59
Salesforce Inc. 0.48 0.67 0.54 0.39
ServiceNow Inc. 0.71 0.67 0.83 0.61
Synopsys Inc. 0.56 0.65 0.58 0.42 0.34
Cash Ratio, Sector
Software & Services 0.81 1.10 1.33 1.23
Cash Ratio, Industry
Information Technology 0.72 0.96 1.19 1.11

Based on: 10-K (reporting date: 2022-12-31), 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).

1 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 9,565 ÷ 14,171 = 0.67

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. Mastercard Inc. cash ratio deteriorated from 2020 to 2021 and from 2021 to 2022.