Union Pacific Corp. (UNP)

Liquidity Analysis

Difficulty: Beginner

Liquidity ratios measure the company's ability to meet its short-term obligations.

Union Pacific Corp., liquidity ratios

Ratio	Description	The company
Current ratio	A liquidity ratio calculated as current assets divided by current liabilities.	Union Pacific Corp.'s current ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017.
Quick ratio	A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities.	Union Pacific Corp.'s quick ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017.
Cash ratio	A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities.	Union Pacific Corp.'s cash ratio deteriorated from 2015 to 2016 and from 2016 to 2017.

Union Pacific Corp., current ratio calculation, comparison to benchmarks

		Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
	Selected Financial Data (USD $ in millions)
	Current assets
	Current liabilities
	Ratio
	Current ratio¹
	Benchmarks
	Current Ratio, Competitors
	CSX Corp.
	FedEx Corp.
	United Parcel Service Inc.
	Current Ratio, Sector
	Industrial Transportation
	Current Ratio, Industry
	Industrials

2017 Calculations

¹ Current ratio = Current assets ÷ Current liabilities
= hidden ÷ hidden = hidden

Ratio	Description	The company
Current ratio	A liquidity ratio calculated as current assets divided by current liabilities.	Union Pacific Corp.'s current ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017.

Union Pacific Corp., quick ratio calculation, comparison to benchmarks

		Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
	Selected Financial Data (USD $ in millions)
	Cash and cash equivalents
	Accounts receivable, net
	Total quick assets
	Current liabilities
	Ratio
	Quick ratio¹
	Benchmarks
	Quick Ratio, Competitors
	CSX Corp.
	FedEx Corp.
	United Parcel Service Inc.
	Quick Ratio, Sector
	Industrial Transportation
	Quick Ratio, Industry
	Industrials

2017 Calculations

¹ Quick ratio = Total quick assets ÷ Current liabilities
= hidden ÷ hidden = hidden

Ratio	Description	The company
Quick ratio	A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities.	Union Pacific Corp.'s quick ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017.

Union Pacific Corp., cash ratio calculation, comparison to benchmarks

		Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
	Selected Financial Data (USD $ in millions)
	Cash and cash equivalents
	Total cash assets
	Current liabilities
	Ratio
	Cash ratio¹
	Benchmarks
	Cash Ratio, Competitors
	CSX Corp.
	FedEx Corp.
	United Parcel Service Inc.
	Cash Ratio, Sector
	Industrial Transportation
	Cash Ratio, Industry
	Industrials

2017 Calculations

¹ Cash ratio = Total cash assets ÷ Current liabilities
= hidden ÷ hidden = hidden

Ratio	Description	The company
Cash ratio	A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities.	Union Pacific Corp.'s cash ratio deteriorated from 2015 to 2016 and from 2016 to 2017.

	Union Pacific Corp.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality