R1 RCM Inc (RCM)
Quick ratio
Dec 31, 2023 | Dec 31, 2022 | ||
---|---|---|---|
Cash | US$ in thousands | 173,600 | 110,100 |
Short-term investments | US$ in thousands | -29,500 | — |
Receivables | US$ in thousands | 7,100 | 12,000 |
Total current liabilities | US$ in thousands | 346,200 | 349,700 |
Quick ratio | 0.44 | 0.35 |
December 31, 2023 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($173,600K
+ $-29,500K
+ $7,100K)
÷ $346,200K
= 0.44
Peer comparison
Dec 31, 2023