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Viant Technology (Viant Technology) Cash Ratio : 2.04 (As of Mar. 2024)


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What is Viant Technology 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. Viant Technology's Cash Ratio for the quarter that ended in Mar. 2024 was 2.04.

Viant Technology has a Cash Ratio of 2.04. 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 Viant Technology's Cash Ratio or its related term are showing as below:

DSP' s Cash Ratio Range Over the Past 10 Years
Min: 0.06   Med: 2.75   Max: 4.52
Current: 2.04

During the past 6 years, Viant Technology's highest Cash Ratio was 4.52. The lowest was 0.06. And the median was 2.75.

DSP's Cash Ratio is ranked better than
76.78% of 2774 companies
in the Software industry
Industry Median: 0.76 vs DSP: 2.04

Viant Technology Cash Ratio Historical Data

The historical data trend for Viant Technology'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.

Viant Technology Cash Ratio Chart

Viant Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Ratio
Get a 7-Day Free Trial 0.08 0.12 2.87 2.37 1.99

Viant Technology Quarterly Data
Dec18 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 3.20 2.75 2.33 1.99 2.04

Competitive Comparison of Viant Technology's Cash Ratio

For the Software - Application subindustry, Viant Technology'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.


Viant Technology's Cash Ratio Distribution in the Software Industry

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

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



Viant Technology Cash Ratio Calculation

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

Viant Technology'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
=216.458/108.85
=1.99

Viant Technology's Cash Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash Ratio (Q: Mar. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=206.057/101.028
=2.04

* 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.


Viant Technology  (NAS:DSP) 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.


Viant Technology Cash Ratio Related Terms

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Viant Technology (Viant Technology) Business Description

Traded in Other Exchanges
N/A
Address
2722 Michelson Drive, Suite 100, Irvine, CA, USA, 92612
Viant Technology Inc is an advertising software company. The software enables the programmatic purchase of advertising, which is the electronification of the advertising buying process. Through the technology, a marketer can easily buy ads on desktop, mobile, connected TV, linear TV, streaming audio and digital billboards.
Executives
Max O Valdes director C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Larry Madden officer: Chief Financial Officer C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Vivian Yang director C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Elizabeth Goodman Williams director C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Timothy Vanderhook director, officer: See Remarks 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Christopher Vanderhook director, officer: Chief Operating Officer 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Four Brothers 2 Llc 10 percent owner 2722 MICHELSON DRIVE, SUITE 100, C/O VIANT TECHNOLOGY INC., IRVINE CA 92612

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