XPO Logistics Inc (XPO)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,505,000 | 1,593,000 | 1,630,000 | 2,687,000 | 5,378,000 |
| Total current liabilities | US$ in thousands | 1,420,000 | 1,590,000 | 1,507,000 | 2,548,000 | 5,161,000 |
| Current ratio | 1.06 | 1.00 | 1.08 | 1.05 | 1.04 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,505,000K ÷ $1,420,000K
= 1.06
The current ratio of XPO Logistics Inc has been relatively stable over the years, with values ranging from 1.00 to 1.08. This indicates that the company has generally been able to meet its short-term obligations with its current assets. A current ratio of 1.0 or higher is considered healthy as it suggests the company has sufficient current assets to cover its current liabilities. XPO Logistics' current ratio has consistently stayed above 1.0, showing a strong liquidity position that can help it withstand potential financial challenges and capitalize on opportunities in the short term.
Peer comparison
Dec 31, 2024