United Parcel Service Inc (UPS)
Cash 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 and cash equivalents | US$ in thousands | 6,112,000 | 5,855,000 | 6,319,000 | 4,281,000 | 3,206,000 | 4,311,000 | 4,812,000 | 6,190,000 | 5,602,000 | 11,045,000 | 11,735,000 | 12,208,000 | 10,255,000 | 10,212,000 | 9,608,000 | 7,731,000 | 5,910,000 | 8,839,000 | 8,813,000 | 8,955,000 |
| Short-term investments | US$ in thousands | 206,000 | 205,000 | 213,000 | 232,000 | 2,866,000 | 2,967,000 | 3,071,000 | 3,208,000 | 1,993,000 | 331,000 | 336,000 | 337,000 | 338,000 | 348,000 | 346,000 | 351,000 | 406,000 | 402,000 | 403,000 | 505,000 |
| Total current liabilities | US$ in thousands | 16,441,000 | 15,081,000 | 15,085,000 | 14,696,000 | 17,676,000 | 15,817,000 | 14,686,000 | 16,262,000 | 18,140,000 | 17,679,000 | 17,337,000 | 16,842,000 | 17,569,000 | 15,472,000 | 15,770,000 | 16,306,000 | 17,016,000 | 15,456,000 | 16,271,000 | 15,846,000 |
| Cash ratio | 0.38 | 0.40 | 0.43 | 0.31 | 0.34 | 0.46 | 0.54 | 0.58 | 0.42 | 0.64 | 0.70 | 0.74 | 0.60 | 0.68 | 0.63 | 0.50 | 0.37 | 0.60 | 0.57 | 0.60 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($6,112,000K
+ $206,000K)
÷ $16,441,000K
= 0.38
The cash ratio of United Parcel Service Inc has fluctuated over the past several quarters, indicating varying levels of liquidity. The ratio ranged from 0.31 to 0.74 during the period from March 31, 2022, to December 31, 2024. The company's highest cash ratio was observed in the first quarter of 2022, at 0.74, suggesting that UPS had a substantial amount of cash and cash equivalents to cover its current liabilities at that time. However, the ratio declined to its lowest point of 0.31 in the first quarter of 2024, indicating a potential decrease in liquidity. Overall, UPS's cash ratio has shown fluctuations, and it would be essential to monitor this ratio closely to assess the company's ability to meet its short-term obligations with available cash resources.