R1 RCM Inc (RCM)
Cash ratio
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 173,600 | 110,100 |
| Short-term investments | US$ in thousands | -29,500 | — |
| Total current liabilities | US$ in thousands | 346,200 | 349,700 |
| Cash ratio | 0.42 | 0.31 |
December 31, 2023 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($173,600K
+ $-29,500K)
÷ $346,200K
= 0.42
Peer comparison
Dec 31, 2023