RXO Inc. (RXO)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,339,000 | 796,000 | 1,037,000 | 1,083,000 | 862,000 |
| Total current liabilities | US$ in thousands | 1,065,000 | 682,000 | 839,000 | 816,000 | 629,000 |
| Current ratio | 1.26 | 1.17 | 1.24 | 1.33 | 1.37 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,339,000K ÷ $1,065,000K
= 1.26
The current ratio of RXO Inc. has been showing a gradual declining trend over the past five years, starting at 1.37 on December 31, 2020, and decreasing to 1.26 by December 31, 2024. Despite some fluctuations, the company has managed to maintain a current ratio above 1, indicating that it has more current assets to cover its current liabilities. However, the decreasing trend may suggest potential liquidity challenges or inefficiencies in managing its current assets and liabilities. It is important for RXO Inc. to monitor and address this trend to ensure its liquidity position remains stable and meets its short-term obligations effectively.
Peer comparison
Dec 31, 2024