Bunge Limited (BG)
Cash ratio
| Dec 31, 2023 | ||
|---|---|---|
| Cash and cash equivalents | US$ in thousands | 2,602,000 |
| Short-term investments | US$ in thousands | 105,000 |
| Total current liabilities | US$ in thousands | 7,687,000 |
| Cash ratio | 0.35 |
December 31, 2023 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($2,602,000K
+ $105,000K)
÷ $7,687,000K
= 0.35
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash ratio
Bunge Limited
BG
0.35
Archer-Daniels-Midland Company
ADM
0.46
Darling Ingredients Inc
DAR
0.13