Stock Analysis on Net

Visa Inc. (NYSE:V)

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)

Visa Inc., liquidity ratios

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Current ratio 1.45 1.75 1.91 1.56 1.61 1.90
Quick ratio 1.26 1.61 1.77 1.45 1.53 1.81
Cash ratio 1.07 1.38 1.57 1.11 1.28 1.56

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Visa 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. Visa 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. Visa Inc. cash ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Current Ratio

Visa Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Selected Financial Data (US$ in millions)
Current assets 30,205 27,607 27,645 20,970 18,216 19,023
Current liabilities 20,853 15,739 14,510 13,415 11,305 9,994
Liquidity Ratio
Current ratio1 1.45 1.75 1.91 1.56 1.61 1.90
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: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 30,205 ÷ 20,853 = 1.45

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

Quick Ratio

Visa Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Selected Financial Data (US$ in millions)
Cash and cash equivalents 15,689 16,487 16,289 7,838 8,162 9,874
Restricted cash equivalents, U.S. litigation escrow 1,449 894 901 1,205 1,491 1,031
Investment securities 2,833 2,025 3,752 4,236 3,547 3,564
Settlement receivable 1,932 1,758 1,264 3,048 1,582 1,422
Accounts receivable 2,020 1,968 1,618 1,542 1,208 1,132
Customer collateral 2,342 2,260 1,850 1,648 1,324 1,106
Total quick assets 26,265 25,392 25,674 19,517 17,314 18,129
 
Current liabilities 20,853 15,739 14,510 13,415 11,305 9,994
Liquidity Ratio
Quick ratio1 1.26 1.61 1.77 1.45 1.53 1.81
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: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 26,265 ÷ 20,853 = 1.26

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

Cash Ratio

Visa Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Selected Financial Data (US$ in millions)
Cash and cash equivalents 15,689 16,487 16,289 7,838 8,162 9,874
Restricted cash equivalents, U.S. litigation escrow 1,449 894 901 1,205 1,491 1,031
Investment securities 2,833 2,025 3,752 4,236 3,547 3,564
Customer collateral 2,342 2,260 1,850 1,648 1,324 1,106
Total cash assets 22,313 21,666 22,792 14,927 14,524 15,575
 
Current liabilities 20,853 15,739 14,510 13,415 11,305 9,994
Liquidity Ratio
Cash ratio1 1.07 1.38 1.57 1.11 1.28 1.56
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: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 22,313 ÷ 20,853 = 1.07

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