Union Pacific Corporation (UNP)
Quick 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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,016,000 | 947,000 | 1,137,000 | 925,000 | 1,055,000 | 750,000 | 830,000 | 1,079,000 | 973,000 | 1,267,000 | 788,000 | 909,000 | 960,000 | 1,194,000 | 1,115,000 | 1,183,000 | 1,799,000 | 2,601,000 | 2,706,000 | 1,130,000 |
| Short-term investments | US$ in thousands | 20,000 | 20,000 | 20,000 | 20,000 | 16,000 | 16,000 | — | — | 46,000 | 46,000 | 46,000 | 46,000 | 46,000 | 46,000 | 46,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 |
| Receivables | US$ in thousands | 1,894,000 | 2,036,000 | 2,118,000 | 2,162,000 | 2,073,000 | 1,934,000 | 1,826,000 | 1,955,000 | 1,891,000 | 2,052,000 | 2,052,000 | 1,958,000 | 1,722,000 | 1,679,000 | 1,666,000 | 1,610,000 | 1,505,000 | 1,565,000 | 1,388,000 | 1,669,000 |
| Total current liabilities | US$ in thousands | 5,254,000 | 5,366,000 | 4,287,000 | 4,534,000 | 5,106,000 | 5,304,000 | 5,249,000 | 6,209,000 | 5,520,000 | 5,712,000 | 6,002,000 | 5,462,000 | 5,744,000 | 5,111,000 | 4,357,000 | 4,871,000 | 4,173,000 | 4,841,000 | 5,279,000 | 4,641,000 |
| Quick ratio | 0.56 | 0.56 | 0.76 | 0.69 | 0.62 | 0.51 | 0.51 | 0.49 | 0.53 | 0.59 | 0.48 | 0.53 | 0.47 | 0.57 | 0.65 | 0.59 | 0.81 | 0.87 | 0.79 | 0.62 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,016,000K
+ $20,000K
+ $1,894,000K)
÷ $5,254,000K
= 0.56
The quick ratio of Union Pacific Corporation has varied over the reported periods. It stood at 0.62 as of March 31, 2020, indicating that for every dollar of current liabilities, the company had $0.62 in quick assets to cover immediate obligations. The ratio peaked at 0.87 on September 30, 2020, suggesting improved liquidity. However, the ratio decreased to 0.47 on December 31, 2021, which may indicate a potential strain on the company's ability to meet short-term obligations with its quick assets. The ratio fluctuated between 0.48 and 0.76 until December 31, 2024, where it settled at 0.56. Overall, the quick ratio trend reflects the company's ability to meet short-term obligations with its most liquid assets over the analyzed period.
Peer comparison
Dec 31, 2024