RXO Inc. (RXO)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Total current assets	US$ in thousands	1,339,000	1,255,000	776,000	770,000	796,000	936,000	916,000	1,029,000	1,037,000	1,225,000	1,351,000	1,306,000	1,083,000
Total current liabilities	US$ in thousands	1,066	947,000	662,000	674,000	682,000	728,000	699,000	820,000	839,000	888,000	957,000	1,063,000	816,000
Current ratio		1,256.10	1.33	1.17	1.14	1.17	1.29	1.31	1.25	1.24	1.38	1.41	1.23	1.33

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,339,000K ÷ $1,066K
= 1,256.10

A detailed analysis of RXO Inc.'s current ratio based on the provided data reveals fluctuations over the years. The current ratio, which measures the company's ability to cover its short-term liabilities with its short-term assets, stood at 1.33 as of December 31, 2021. This indicates that the company had $1.33 in current assets for every dollar of current liabilities.

Subsequently, the current ratio decreased to 1.23 as of March 31, 2022, before increasing to 1.41 by June 30, 2022. The ratio then declined to 1.38 on September 30, 2022, and experienced further fluctuations in the following periods. Notably, the ratio dropped significantly to 1.17 by December 31, 2023, before recovering slightly to 1.14 on March 31, 2024.

An anomaly in the data is observed on December 31, 2024, where the current ratio is reported as 1,256.10. This figure seems unusually high and may warrant further investigation or verification of the data for accuracy.

Overall, the trend in RXO Inc.'s current ratio shows variability and indicates fluctuations in the company's ability to meet its short-term obligations with its current assets. It is important for stakeholders to closely monitor these fluctuations to assess the company's liquidity position and financial health accurately.