Bunge Limited (BG)
Quick ratio
| Dec 31, 2023 | ||
|---|---|---|
| Cash | US$ in thousands | 2,602,000 |
| Short-term investments | US$ in thousands | 105,000 |
| Receivables | US$ in thousands | 3,486,000 |
| Total current liabilities | US$ in thousands | 7,687,000 |
| Quick ratio | 0.81 |
December 31, 2023 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($2,602,000K
+ $105,000K
+ $3,486,000K)
÷ $7,687,000K
= 0.81
Peer comparison
Dec 31, 2023
Company name
Symbol
Quick ratio
Bunge Limited
BG
0.81
Archer-Daniels-Midland Company
ADM
0.61
Darling Ingredients Inc
DAR
0.14