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Fiverr International (FRA:11V) Cash Ratio : 2.03 (As of Dec. 2023)


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What is Fiverr International Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Fiverr International's Cash Ratio for the quarter that ended in Dec. 2023 was 2.03.

Fiverr International has a Cash Ratio of 2.03. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Fiverr International's Cash Ratio or its related term are showing as below:

FRA:11V' s Cash Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.71   Max: 3.34
Current: 2.03

During the past 7 years, Fiverr International's highest Cash Ratio was 3.34. The lowest was 1.04. And the median was 1.71.

FRA:11V's Cash Ratio is ranked better than
64.9% of 584 companies
in the Interactive Media industry
Industry Median: 1.165 vs FRA:11V: 2.03

Fiverr International Cash Ratio Historical Data

The historical data trend for Fiverr International's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fiverr International Cash Ratio Chart

Fiverr International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Ratio
Get a 7-Day Free Trial 1.56 3.34 1.71 2.34 2.03

Fiverr International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.34 2.19 2.06 1.84 2.03

Competitive Comparison of Fiverr International's Cash Ratio

For the Internet Content & Information subindustry, Fiverr International's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fiverr International's Cash Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fiverr International's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Fiverr International's Cash Ratio falls into.



Fiverr International Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Fiverr International's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=382.731/188.375
=2.03

Fiverr International's Cash Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash Ratio (Q: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=382.731/188.375
=2.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fiverr International  (FRA:11V) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Fiverr International Cash Ratio Related Terms

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Fiverr International (FRA:11V) Business Description

Traded in Other Exchanges
Address
8 Eliezer Kaplan Street, Tel Aviv, ISR, 6473409
Fiverr International Ltd is involved in buying and selling digital services in the same fashion as physical goods on an e-commerce platform. It is set out to design a digital marketplace that is built with a comprehensive SKU-like services catalog and a search, finds, and order process that mirrors a typical e-commerce transaction. The service offerings of the company include Graphics and Design, Digital Marketing, Wiring and Translation, and Video and Animation among others.

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