Stock Analysis on Net

United Parcel Service Inc. (NYSE:UPS)

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

United Parcel Service Inc., liquidity ratios

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Current ratio 1.17 1.10 1.22 1.42 1.19
Quick ratio 1.05 0.98 1.11 1.32 1.00
Cash ratio 0.38 0.34 0.42 0.60 0.37

Based on: 10-K (reporting date: 2024-12-31), 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).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. United Parcel Service Inc. current ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. United Parcel Service Inc. quick ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. United Parcel Service Inc. cash ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level.

Current Ratio

United Parcel Service Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Current assets 19,310 19,413 22,217 24,934 20,216
Current liabilities 16,441 17,676 18,140 17,569 17,016
Liquidity Ratio
Current ratio1 1.17 1.10 1.22 1.42 1.19
Benchmarks
Current Ratio, Competitors2
FedEx Corp. 1.36 1.37 1.43 1.51 1.58
Uber Technologies Inc. 1.07 1.19 1.04 0.98 1.44
Union Pacific Corp. 0.77 0.81 0.72 0.62 1.01
United Airlines Holdings Inc. 0.81 0.83 1.00 1.19 1.16
Current Ratio, Sector
Transportation 1.04 1.06 1.14 1.24 1.28
Current Ratio, Industry
Industrials 1.19 1.16 1.20 1.29 1.41

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 19,310 ÷ 16,441 = 1.17

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. United Parcel Service Inc. current ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level.

Quick Ratio

United Parcel Service Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Cash and cash equivalents 6,112 3,206 5,602 10,255 5,910
Marketable securities 206 2,866 1,993 338 406
Accounts receivable, net 10,871 11,216 12,583 12,541 10,750
Total quick assets 17,189 17,288 20,178 23,134 17,066
 
Current liabilities 16,441 17,676 18,140 17,569 17,016
Liquidity Ratio
Quick ratio1 1.05 0.98 1.11 1.32 1.00
Benchmarks
Quick Ratio, Competitors2
FedEx Corp. 1.24 1.25 1.31 1.40 1.45
Uber Technologies Inc. 0.95 1.02 0.88 0.82 1.19
Union Pacific Corp. 0.55 0.61 0.52 0.47 0.79
United Airlines Holdings Inc. 0.71 0.73 0.91 1.10 1.02
Quick Ratio, Sector
Transportation 0.92 0.93 1.02 1.13 1.10
Quick Ratio, Industry
Industrials 0.69 0.66 0.72 0.80 0.87

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 17,189 ÷ 16,441 = 1.05

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. United Parcel Service Inc. quick ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level.

Cash Ratio

United Parcel Service Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Cash and cash equivalents 6,112 3,206 5,602 10,255 5,910
Marketable securities 206 2,866 1,993 338 406
Total cash assets 6,318 6,072 7,595 10,593 6,316
 
Current liabilities 16,441 17,676 18,140 17,569 17,016
Liquidity Ratio
Cash ratio1 0.38 0.34 0.42 0.60 0.37
Benchmarks
Cash Ratio, Competitors2
FedEx Corp. 0.49 0.50 0.48 0.52 0.47
Uber Technologies Inc. 0.66 0.66 0.56 0.55 1.03
Union Pacific Corp. 0.19 0.21 0.18 0.17 0.43
United Airlines Holdings Inc. 0.62 0.65 0.82 1.01 0.92
Cash Ratio, Sector
Transportation 0.51 0.51 0.55 0.65 0.62
Cash Ratio, Industry
Industrials 0.31 0.29 0.32 0.39 0.47

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 6,318 ÷ 16,441 = 0.38

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. United Parcel Service Inc. cash ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level.