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Viasat (Viasat) Cash Ratio : 1.20 (As of Dec. 2023)


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What is Viasat 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. Viasat's Cash Ratio for the quarter that ended in Dec. 2023 was 1.20.

Viasat has a Cash Ratio of 1.20. 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 Viasat's Cash Ratio or its related term are showing as below:

VSAT' s Cash Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.29   Max: 1.47
Current: 1.47

During the past 13 years, Viasat's highest Cash Ratio was 1.47. The lowest was 0.09. And the median was 0.29.

VSAT's Cash Ratio is ranked better than
74.47% of 2331 companies
in the Hardware industry
Industry Median: 0.65 vs VSAT: 1.47

Viasat Cash Ratio Historical Data

The historical data trend for Viasat'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.

Viasat Cash Ratio Chart

Viasat Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.42 0.40 1.41 1.47

Viasat Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.41 1.42 1.27 1.20 1.47

Competitive Comparison of Viasat's Cash Ratio

For the Communication Equipment subindustry, Viasat'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.


Viasat's Cash Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viasat's Cash Ratio distribution charts can be found below:

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



Viasat Cash Ratio Calculation

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

Viasat's Cash Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash Ratio (A: Mar. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1348.854/956.719
=1.41

Viasat'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
=1651.228/1376.517
=1.20

* 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.


Viasat  (NAS:VSAT) 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.


Viasat Cash Ratio Related Terms

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Viasat (Viasat) Business Description

Traded in Other Exchanges
Address
6155 El Camino Real, Carlsbad, CA, USA, 92009
Viasat Inc provides bandwidth technologies and services in three segments: satellite services, which provides satellite-based high-speed broadband services to consumers, enterprises, and commercial airlines; commercial networks, which develops end-to-end communication and connectivity systems; and government systems, which produces network-centric Internet Protocol-based secure government communication systems. A large majority of the firm's revenue is generated in the United States, with the rest coming from the Americas, Europe, Middle East, Africa, and Asia-Pacific.
Executives
Craig Andrew Miller officer: Pres. Government Systems C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
Keven K Lippert officer: Vice President General Counsel 6155 EL CAMINO REAL, CARLSBAD CA 92009
Benjamin Edward Palmer officer: President, Maritime C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
Richard A Baldridge officer: Chief Operating Officer 6155 EL CAMINO REAL, CARLSBAD CA 92009
James Michael Dodd officer: President, Global Mobile 6155 EL CAMINO REAL, CARLSBAD CA 92009
Warburg Pincus (europa) Global Growth (cayman), L.p. 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Llc 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
Mark Nieuwendijk 10 percent owner C/O PRETZEL LOGIC BV, WILHELMINALAAN 30, ZEIST P7 3701BL
Luxtopholding Sarl Triton 10 percent owner 1-3 BOULEVARD DE LA FOIRE, LUXEMBOURG N4 L-1528
Logic Bv Pretzel 10 percent owner WILHELMINALAAN 30, ZEIST P7 3701BL
Apax Ix Gp Co. Ltd 10 percent owner THIRD FLOOR, ROYAL BANK PLACE, 1 GLATEGNY ESPLANADE, ST PETER PORT Y7 GY5 7FS
Warburg Pincus (cayman) Global Growth Gp Llc 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus (cayman) Global Growth Gp, L.p. 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Andrew Sukawaty director C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
Cpp Investment Board Private Holdings (4) Inc. 10 percent owner 1 QUEEN STREET EAST, SUITE 2500, TORONTO A6 M5C 2W5