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

Company name
Symbol
Quick ratio
R1 RCM Inc
RCM
0.44
Gartner Inc
IT
0.77
Premier Inc
PINC
0.34