Uniti Group Inc (UNIT)
Quick ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cash | US$ in thousands | 155,593 | 62,264 | 43,803 | 58,903 | 77,534 |
Short-term investments | US$ in thousands | -28,254 | — | — | — | — |
Receivables | US$ in thousands | 160,288 | 137,346 | 111,226 | 79,778 | 76,059 |
Total current liabilities | US$ in thousands | 1,706,990 | 1,726,760 | 1,684,650 | 1,628,930 | 1,747,920 |
Quick ratio | 0.17 | 0.12 | 0.09 | 0.09 | 0.09 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($155,593K
+ $-28,254K
+ $160,288K)
÷ $1,706,990K
= 0.17