HF Sinclair Corp (DINO)
Quick ratio
Dec 31, 2023 | Dec 31, 2022 | ||
---|---|---|---|
Cash | US$ in thousands | 1,353,750 | 1,665,070 |
Short-term investments | US$ in thousands | — | — |
Receivables | US$ in thousands | 1,781,650 | 1,756,710 |
Total current liabilities | US$ in thousands | 2,774,550 | 3,245,530 |
Quick ratio | 1.13 | 1.05 |
December 31, 2023 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,353,750K
+ $—K
+ $1,781,650K)
÷ $2,774,550K
= 1.13