Knife River Corporation (KNF)
Cash ratio
| Dec 31, 2023 | ||
|---|---|---|
| Cash and cash equivalents | US$ in thousands | 219,300 |
| Short-term investments | US$ in thousands | — |
| Total current liabilities | US$ in thousands | 347,271 |
| Cash ratio | 0.63 |
December 31, 2023 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($219,300K
+ $—K)
÷ $347,271K
= 0.63
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash ratio
Knife River Corporation
KNF
0.63
Martin Marietta Materials Inc
MLM
1.09
MDU Resources Group Inc
MDU
0.07
Vulcan Materials Company
VMC
1.17