Fortrea Holdings Inc. (FTRE)

Cash ratio

Dec 31, 2024 Dec 31, 2023
Cash and cash equivalents US$ in thousands 118,500 108,600
Short-term investments US$ in thousands — —
Total current liabilities US$ in thousands 949,500 778,400
Cash ratio 0.12 0.14

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($118,500K + $—K) ÷ $949,500K
= 0.12