RXO Inc. (RXO)
Cash ratio
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 5,000 | 98,000 |
| Short-term investments | US$ in thousands | — | — |
| Total current liabilities | US$ in thousands | 682,000 | 823,000 |
| Cash ratio | 0.01 | 0.12 |
December 31, 2023 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($5,000K
+ $—K)
÷ $682,000K
= 0.01
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash ratio
RXO Inc.
RXO
0.01
Booking Holdings Inc
BKNG
0.95
Expedia Group Inc.
EXPE
0.36
GATX Corporation
GATX
40.97
GXO Logistics Inc
GXO
0.18
Verra Mobility Corp
VRRM
0.63
XPO Logistics Inc
XPO
0.26