Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Time Warner Inc., liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Time Warner Inc. current ratio deteriorated from Q3 2017 to Q4 2017 but then slightly improved from Q4 2017 to Q1 2018. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Time Warner Inc. quick ratio deteriorated from Q3 2017 to Q4 2017 but then slightly improved from Q4 2017 to Q1 2018. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Time Warner Inc. cash ratio deteriorated from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018. |
Current Ratio
Time Warner Inc., current ratio calculation (quarterly data)
| 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 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Current assets | 15,138) | 15,219) | 14,608) | 13,404) | 12,908) | 13,485) | 13,264) | 12,962) | 11,792) | 12,513) | 12,139) | 13,810) | 12,495) | 13,180) | 12,893) | 14,183) | 13,994) | 12,844) | 11,581) | 12,229) | 12,624) | |||||||
| Current liabilities | 12,945) | 14,077) | 9,851) | 8,839) | 8,162) | 9,703) | 7,539) | 6,972) | 7,194) | 8,002) | 8,403) | 9,195) | 8,891) | 9,204) | 8,724) | 7,207) | 8,278) | 8,383) | 7,668) | 7,854) | 8,170) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Current ratio1 | 1.17 | 1.08 | 1.48 | 1.52 | 1.58 | 1.39 | 1.76 | 1.86 | 1.64 | 1.56 | 1.44 | 1.50 | 1.41 | 1.43 | 1.48 | 1.97 | 1.69 | 1.53 | 1.51 | 1.56 | 1.55 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Alphabet Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Comcast Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Meta Platforms Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Netflix Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Walt Disney Co. | 0.87 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).
1 Q1 2018 Calculation
Current ratio = Current assets ÷ Current liabilities
= 15,138 ÷ 12,945 = 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. | Time Warner Inc. current ratio deteriorated from Q3 2017 to Q4 2017 but then slightly improved from Q4 2017 to Q1 2018. |
Quick Ratio
Time Warner Inc., quick ratio calculation (quarterly data)
| 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 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Cash and equivalents | 1,691) | 2,621) | 2,621) | 1,705) | 1,450) | 1,539) | 2,308) | 2,496) | 1,540) | 2,155) | 1,774) | 3,122) | 2,260) | 2,618) | 3,210) | 4,480) | 3,546) | 1,862) | 1,567) | 2,063) | 2,493) | |||||||
| Receivables, less allowances | 10,279) | 9,401) | 8,997) | 8,655) | 8,540) | 8,699) | 8,031) | 7,813) | 7,810) | 7,411) | 7,322) | 8,004) | 7,645) | 7,720) | 7,005) | 7,014) | 7,371) | 7,868) | 6,763) | 7,033) | 7,095) | |||||||
| Total quick assets | 11,970) | 12,022) | 11,618) | 10,360) | 9,990) | 10,238) | 10,339) | 10,309) | 9,350) | 9,566) | 9,096) | 11,126) | 9,905) | 10,338) | 10,215) | 11,494) | 10,917) | 9,730) | 8,330) | 9,096) | 9,588) | |||||||
| Current liabilities | 12,945) | 14,077) | 9,851) | 8,839) | 8,162) | 9,703) | 7,539) | 6,972) | 7,194) | 8,002) | 8,403) | 9,195) | 8,891) | 9,204) | 8,724) | 7,207) | 8,278) | 8,383) | 7,668) | 7,854) | 8,170) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Quick ratio1 | 0.92 | 0.85 | 1.18 | 1.17 | 1.22 | 1.06 | 1.37 | 1.48 | 1.30 | 1.20 | 1.08 | 1.21 | 1.11 | 1.12 | 1.17 | 1.59 | 1.32 | 1.16 | 1.09 | 1.16 | 1.17 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Alphabet Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Comcast Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Meta Platforms Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Netflix Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Walt Disney Co. | 0.73 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).
1 Q1 2018 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 11,970 ÷ 12,945 = 0.92
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. | Time Warner Inc. quick ratio deteriorated from Q3 2017 to Q4 2017 but then slightly improved from Q4 2017 to Q1 2018. |
Cash Ratio
Time Warner Inc., cash ratio calculation (quarterly data)
| 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 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Cash and equivalents | 1,691) | 2,621) | 2,621) | 1,705) | 1,450) | 1,539) | 2,308) | 2,496) | 1,540) | 2,155) | 1,774) | 3,122) | 2,260) | 2,618) | 3,210) | 4,480) | 3,546) | 1,862) | 1,567) | 2,063) | 2,493) | |||||||
| Total cash assets | 1,691) | 2,621) | 2,621) | 1,705) | 1,450) | 1,539) | 2,308) | 2,496) | 1,540) | 2,155) | 1,774) | 3,122) | 2,260) | 2,618) | 3,210) | 4,480) | 3,546) | 1,862) | 1,567) | 2,063) | 2,493) | |||||||
| Current liabilities | 12,945) | 14,077) | 9,851) | 8,839) | 8,162) | 9,703) | 7,539) | 6,972) | 7,194) | 8,002) | 8,403) | 9,195) | 8,891) | 9,204) | 8,724) | 7,207) | 8,278) | 8,383) | 7,668) | 7,854) | 8,170) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Cash ratio1 | 0.13 | 0.19 | 0.27 | 0.19 | 0.18 | 0.16 | 0.31 | 0.36 | 0.21 | 0.27 | 0.21 | 0.34 | 0.25 | 0.28 | 0.37 | 0.62 | 0.43 | 0.22 | 0.20 | 0.26 | 0.31 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Alphabet Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Comcast Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Meta Platforms Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Netflix Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Walt Disney Co. | 0.24 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).
1 Q1 2018 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,691 ÷ 12,945 = 0.13
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. | Time Warner Inc. cash ratio deteriorated from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018. |