Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Uber Technologies Inc., liquidity ratios (quarterly data)
Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
| 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 Q2 2024 to Q3 2024 but then deteriorated significantly from Q3 2024 to Q4 2024. |
| 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 Q2 2024 to Q3 2024 but then deteriorated significantly from Q3 2024 to Q4 2024. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Uber Technologies Inc. cash ratio improved from Q2 2024 to Q3 2024 but then deteriorated significantly from Q3 2024 to Q4 2024. |
Current Ratio
Uber Technologies Inc., current ratio calculation (quarterly data)
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
| Current assets | 12,245) | 15,331) | 12,483) | 12,074) | 11,297) | 10,679) | 10,664) | 9,196) | 9,249) | 9,368) | 8,751) | 8,665) | 8,819) | 9,684) | 7,783) | 8,295) | 9,882) | 9,412) | 9,662) | 11,114) | ||||||
| Current liabilities | 11,476) | 10,835) | 10,318) | 9,993) | 9,454) | 9,405) | 8,635) | 8,683) | 8,853) | 9,020) | 8,945) | 8,652) | 9,024) | 8,126) | 7,684) | 7,288) | 6,865) | 6,921) | 5,891) | 6,631) | ||||||
| Liquidity Ratio | ||||||||||||||||||||||||||
| Current ratio1 | 1.07 | 1.41 | 1.21 | 1.21 | 1.19 | 1.14 | 1.23 | 1.06 | 1.04 | 1.04 | 0.98 | 1.00 | 0.98 | 1.19 | 1.01 | 1.14 | 1.44 | 1.36 | 1.64 | 1.68 | ||||||
| Benchmarks | ||||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||||
| FedEx Corp. | 1.36 | 1.31 | 1.34 | 1.37 | 1.37 | 1.32 | 1.30 | 1.42 | 1.43 | 1.39 | 1.49 | 1.51 | 1.51 | 1.60 | 1.76 | 1.69 | 1.58 | 1.21 | 1.25 | 1.31 | ||||||
| Union Pacific Corp. | 0.77 | 0.77 | 1.05 | 0.93 | 0.81 | 0.72 | 0.71 | 0.65 | 0.72 | 0.77 | 0.66 | 0.71 | 0.62 | 0.75 | 0.86 | 0.76 | 1.01 | 1.06 | 0.96 | 0.82 | ||||||
| United Airlines Holdings Inc. | — | 0.79 | 0.77 | 0.75 | 0.83 | 0.89 | 0.91 | 0.91 | 1.00 | 1.03 | 1.04 | 1.04 | 1.19 | 1.36 | 1.37 | 1.13 | 1.16 | 1.04 | 0.61 | 0.49 | ||||||
| United Parcel Service Inc. | — | 1.14 | 1.25 | 1.10 | 1.10 | 1.22 | 1.32 | 1.34 | 1.22 | 1.39 | 1.47 | 1.52 | 1.42 | 1.48 | 1.39 | 1.29 | 1.19 | 1.29 | 1.24 | 1.22 | ||||||
Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
1 Q4 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 12,245 ÷ 11,476 = 1.07
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 Q2 2024 to Q3 2024 but then deteriorated significantly from Q3 2024 to Q4 2024. |
Quick Ratio
Uber Technologies Inc., quick ratio calculation (quarterly data)
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
| Cash and cash equivalents | 5,893) | 6,150) | 4,497) | 5,019) | 4,680) | 4,448) | 4,995) | 4,045) | 4,208) | 4,865) | 4,397) | 4,184) | 4,295) | 6,482) | 4,443) | 4,836) | 5,647) | 6,154) | 6,754) | 8,165) | ||||||
| Short-term investments | 1,084) | 2,913) | 1,795) | 744) | 727) | 725) | 538) | 121) | 103) | —) | —) | —) | —) | —) | 560) | 819) | 1,180) | 1,132) | 1,033) | 831) | ||||||
| Restricted cash and cash equivalents | 545) | 933) | 776) | 808) | 805) | 833) | 909) | 897) | 680) | 593) | 526) | 543) | 631) | 414) | 324) | 247) | 250) | 218) | 123) | 193) | ||||||
| Accounts receivable, net of allowance | 3,333) | 3,719) | 3,783) | 3,708) | 3,404) | 3,000) | 2,576) | 2,571) | 2,779) | 2,468) | 2,459) | 2,476) | 2,439) | 1,333) | 1,201) | 1,075) | 1,073) | 773) | 604) | 683) | ||||||
| Total quick assets | 10,855) | 13,715) | 10,851) | 10,279) | 9,616) | 9,006) | 9,018) | 7,634) | 7,770) | 7,926) | 7,382) | 7,203) | 7,365) | 8,229) | 6,528) | 6,977) | 8,150) | 8,277) | 8,514) | 9,872) | ||||||
| Current liabilities | 11,476) | 10,835) | 10,318) | 9,993) | 9,454) | 9,405) | 8,635) | 8,683) | 8,853) | 9,020) | 8,945) | 8,652) | 9,024) | 8,126) | 7,684) | 7,288) | 6,865) | 6,921) | 5,891) | 6,631) | ||||||
| Liquidity Ratio | ||||||||||||||||||||||||||
| Quick ratio1 | 0.95 | 1.27 | 1.05 | 1.03 | 1.02 | 0.96 | 1.04 | 0.88 | 0.88 | 0.88 | 0.83 | 0.83 | 0.82 | 1.01 | 0.85 | 0.96 | 1.19 | 1.20 | 1.45 | 1.49 | ||||||
| Benchmarks | ||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||||
| FedEx Corp. | 1.24 | 1.17 | 1.22 | 1.25 | 1.25 | 1.19 | 1.16 | 1.30 | 1.31 | 1.27 | 1.37 | 1.39 | 1.40 | 1.50 | 1.63 | 1.56 | 1.45 | 1.07 | 1.11 | 1.18 | ||||||
| Union Pacific Corp. | 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 | ||||||
| United Airlines Holdings Inc. | — | 0.70 | 0.68 | 0.66 | 0.73 | 0.79 | 0.83 | 0.83 | 0.91 | 0.95 | 0.95 | 0.95 | 1.10 | 1.26 | 1.28 | 1.03 | 1.04 | 0.95 | 0.51 | 0.37 | ||||||
| United Parcel Service Inc. | — | 1.01 | 1.03 | 0.96 | 0.98 | 1.06 | 1.19 | 1.21 | 1.11 | 1.26 | 1.35 | 1.41 | 1.32 | 1.36 | 1.27 | 1.12 | 1.00 | 1.18 | 1.13 | 1.11 | ||||||
Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
1 Q4 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 10,855 ÷ 11,476 = 0.95
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 Q2 2024 to Q3 2024 but then deteriorated significantly from Q3 2024 to Q4 2024. |
Cash Ratio
Uber Technologies Inc., cash ratio calculation (quarterly data)
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
| Cash and cash equivalents | 5,893) | 6,150) | 4,497) | 5,019) | 4,680) | 4,448) | 4,995) | 4,045) | 4,208) | 4,865) | 4,397) | 4,184) | 4,295) | 6,482) | 4,443) | 4,836) | 5,647) | 6,154) | 6,754) | 8,165) | ||||||
| Short-term investments | 1,084) | 2,913) | 1,795) | 744) | 727) | 725) | 538) | 121) | 103) | —) | —) | —) | —) | —) | 560) | 819) | 1,180) | 1,132) | 1,033) | 831) | ||||||
| Restricted cash and cash equivalents | 545) | 933) | 776) | 808) | 805) | 833) | 909) | 897) | 680) | 593) | 526) | 543) | 631) | 414) | 324) | 247) | 250) | 218) | 123) | 193) | ||||||
| Total cash assets | 7,522) | 9,996) | 7,068) | 6,571) | 6,212) | 6,006) | 6,442) | 5,063) | 4,991) | 5,458) | 4,923) | 4,727) | 4,926) | 6,896) | 5,327) | 5,902) | 7,077) | 7,504) | 7,910) | 9,189) | ||||||
| Current liabilities | 11,476) | 10,835) | 10,318) | 9,993) | 9,454) | 9,405) | 8,635) | 8,683) | 8,853) | 9,020) | 8,945) | 8,652) | 9,024) | 8,126) | 7,684) | 7,288) | 6,865) | 6,921) | 5,891) | 6,631) | ||||||
| Liquidity Ratio | ||||||||||||||||||||||||||
| Cash ratio1 | 0.66 | 0.92 | 0.69 | 0.66 | 0.66 | 0.64 | 0.75 | 0.58 | 0.56 | 0.61 | 0.55 | 0.55 | 0.55 | 0.85 | 0.69 | 0.81 | 1.03 | 1.08 | 1.34 | 1.39 | ||||||
| Benchmarks | ||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||||
| FedEx Corp. | 0.49 | 0.42 | 0.47 | 0.51 | 0.50 | 0.40 | 0.33 | 0.50 | 0.48 | 0.43 | 0.49 | 0.53 | 0.52 | 0.65 | 0.69 | 0.62 | 0.47 | 0.17 | 0.19 | 0.24 | ||||||
| Union Pacific Corp. | 0.20 | 0.18 | 0.27 | 0.21 | 0.21 | 0.14 | 0.16 | 0.17 | 0.18 | 0.23 | 0.14 | 0.17 | 0.18 | 0.24 | 0.27 | 0.26 | 0.45 | 0.55 | 0.52 | 0.26 | ||||||
| United Airlines Holdings Inc. | — | 0.61 | 0.59 | 0.57 | 0.65 | 0.71 | 0.75 | 0.73 | 0.82 | 0.85 | 0.86 | 0.86 | 1.01 | 1.16 | 1.18 | 0.93 | 0.94 | 0.87 | 0.46 | 0.32 | ||||||
| United Parcel Service Inc. | — | 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 | ||||||
Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
1 Q4 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 7,522 ÷ 11,476 = 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 Q2 2024 to Q3 2024 but then deteriorated significantly from Q3 2024 to Q4 2024. |