Stock Analysis on Net

Uber Technologies Inc. (NYSE:UBER)

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

Uber Technologies Inc., liquidity ratios

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Current ratio 1.19 1.04 0.98 1.44 2.47
Quick ratio 1.02 0.88 0.82 1.19 2.24
Cash ratio 0.66 0.56 0.55 1.03 2.02

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Uber Technologies Inc. current ratio improved from 2021 to 2022 and from 2022 to 2023.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Uber Technologies Inc. quick ratio improved from 2021 to 2022 and from 2022 to 2023.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Uber Technologies Inc. cash ratio improved from 2021 to 2022 and from 2022 to 2023.

Current Ratio

Uber Technologies Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Current assets 11,297 9,249 8,819 9,882 13,925
Current liabilities 9,454 8,853 9,024 6,865 5,639
Liquidity Ratio
Current ratio1 1.19 1.04 0.98 1.44 2.47
Benchmarks
Current Ratio, Competitors2
FedEx Corp. 1.37 1.43 1.51 1.58 1.45
Union Pacific Corp. 0.81 0.72 0.62 1.01 0.79
United Parcel Service Inc. 1.10 1.22 1.42 1.19 1.11
Current Ratio, Sector
Transportation 1.17 1.19 1.26 1.32 1.38
Current Ratio, Industry
Industrials 1.18 1.21 1.30 1.42 1.19

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Current ratio = Current assets ÷ Current liabilities
= 11,297 ÷ 9,454 = 1.19

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Uber Technologies Inc. current ratio improved from 2021 to 2022 and from 2022 to 2023.

Quick Ratio

Uber Technologies Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Cash and cash equivalents 4,680 4,208 4,295 5,647 10,873
Short-term investments 727 103 1,180 440
Restricted cash and cash equivalents 805 680 631 250 99
Accounts receivable, net of allowance 3,404 2,779 2,439 1,073 1,214
Total quick assets 9,616 7,770 7,365 8,150 12,626
 
Current liabilities 9,454 8,853 9,024 6,865 5,639
Liquidity Ratio
Quick ratio1 1.02 0.88 0.82 1.19 2.24
Benchmarks
Quick Ratio, Competitors2
FedEx Corp. 1.25 1.31 1.40 1.45 1.27
Union Pacific Corp. 0.61 0.52 0.47 0.79 0.56
United Parcel Service Inc. 0.98 1.11 1.32 1.00 0.99
Quick Ratio, Sector
Transportation 1.03 1.06 1.14 1.13 1.21
Quick Ratio, Industry
Industrials 0.66 0.70 0.78 0.87 0.71

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 9,616 ÷ 9,454 = 1.02

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Uber Technologies Inc. quick ratio improved from 2021 to 2022 and from 2022 to 2023.

Cash Ratio

Uber Technologies Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Cash and cash equivalents 4,680 4,208 4,295 5,647 10,873
Short-term investments 727 103 1,180 440
Restricted cash and cash equivalents 805 680 631 250 99
Total cash assets 6,212 4,991 4,926 7,077 11,412
 
Current liabilities 9,454 8,853 9,024 6,865 5,639
Liquidity Ratio
Cash ratio1 0.66 0.56 0.55 1.03 2.02
Benchmarks
Cash Ratio, Competitors2
FedEx Corp. 0.50 0.48 0.52 0.47 0.26
Union Pacific Corp. 0.21 0.18 0.17 0.43 0.19
United Parcel Service Inc. 0.34 0.42 0.60 0.37 0.37
Cash Ratio, Sector
Transportation 0.44 0.44 0.51 0.52 0.59
Cash Ratio, Industry
Industrials 0.27 0.29 0.35 0.45 0.34

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 6,212 ÷ 9,454 = 0.66

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Uber Technologies Inc. cash ratio improved from 2021 to 2022 and from 2022 to 2023.