CSIMarket
 


United Rentals Inc   (URI)
Other Ticker:  
 
    Sector  Services    Industry Rental & Leasing
   Industry Rental & Leasing
   Sector  Services

United Rentals Inc 's Quick Ratio

URI's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


United Rentals Inc 's Cash & cash equivalent grew by 27.82 % in the IV Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in United Rentals Inc 's Quick Ratio to 0.1, Quick Ratio remained below United Rentals Inc average.

Within Rental & Leasing industry United Rentals Inc booked the highest Quick Ratio than United Rentals Inc in the forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 89, from total ranking in the third quarter 2023 at 443.

Explain Quick Ratio?
How much Cash & cash equivalents URI´s has?
What are URI´s Current Liabilities?


URI Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 48.75 % 62.23 % 88.33 % -12.21 % -6.07 %
Y / Y Cash & cash equivalent Change 242.45 % 273.68 % 233.82 % -1.98 % -26.39 %
Quick Ratio MRQ 0.1 0.08 0.06 0.04 0.04
URI's Total Ranking # 89 # 443 # 2278 # 1567 # 170
Seq. Current Liabilities Change -0.98 % -3.6 % 67.11 % -6.75 % 7.99 %
Seq. Cash & cash equivalent Change 27.82 % 25.11 % 129.29 % -6.6 % 39.47 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Rental & Leasing Industry # 1
Services Sector # 15
Overall Market # 89


Quick Ratio Statistics
High Average Low
0.26 0.11 0.02
(Dec 31 2016)   (Dec 31 2018)




Financial Statements
United Rentals Inc 's Current Liabilities $ 3,637 Millions Visit URI's Balance sheet
United Rentals Inc 's Cash & cash equivalent $ 363 Millions Visit URI's Balance sheet
Source of URI's Sales Visit URI's Sales by Geography


Cumulative United Rentals Inc 's Quick Ratio

URI's Quick Ratio for the trailling 12 Months

URI Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 48.75 % 62.23 % 88.33 % -12.21 % -6.07 %
Y / Y Cash & cash equivalent TTM Growth 242.45 % 273.68 % 233.82 % -1.98 % -26.39 %
Quick Ratio TTM 0.07 0.06 0.05 0.04 0.04
Total Ranking TTM # 80 # 3161 # 3412 # 3861 # 3818
Seq. Current Liabilities TTM Growth -0.98 % -3.6 % 67.11 % -6.75 % 7.99 %
Seq. Cash & cash equivalent TTM Growth 27.82 % 25.11 % 129.29 % -6.6 % 39.47 %


On the trailing twelve months basis URI Cash & cash equivalent more than doubled by 242.45 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in United Rentals Inc 's Quick Ratio to 0.07, Quick Ratio remained below URI average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Rental & Leasing industry URI achieved the highest Quick Ratio. While Quick Ratio overall ranking has improved so far to 80, from total ranking during the twelve months ending third quarter 2023 at 3161.

Explain Quick Ratio?
How much Cash & cash equivalents URI´s has?
What are URI´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Rental & Leasing Industry # 0
Services Sector # 14
Within the Market # 80


trailing twelve months Quick Ratio Statistics
High Average Low
0.21 0.09 0.02
(Dec 31 2017)   (Sep 30 2019)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Rental & Leasing Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Zoomcar Holdings Inc   0.24 $ 6.117  Millions$ 25.703  Millions
Avis Budget Group Inc   0.21 $ 555.000  Millions$ 2,659.000  Millions
Upbound Group Inc   0.19 $ 93.705  Millions$ 500.154  Millions
Herc Holdings Inc   0.14 $ 71.000  Millions$ 508.000  Millions
Agiliti Inc De   0.10 $ 20.037  Millions$ 196.608  Millions
Chart Industries Inc  0.10 $ 188.300  Millions$ 1,866.200  Millions
United Rentals Inc   0.10 $ 363.000  Millions$ 3,637.000  Millions
Ryder System Inc   0.06 $ 204.000  Millions$ 3,649.000  Millions
Custom Truck One Source Inc   0.05 $ 10.309  Millions$ 206.321  Millions

Date modified: 2024-01-25T21:08:45+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com