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Uber Technologies Inc. 2020 2019 Liquidity Ratio Current Ratio = Current Assets/Current Liabilities $ 1.71 $ 1.92 Profitability Ratio Profit Margin= Net Income/Net Sales $
| Uber Technologies Inc. | 2020 | 2019 | |
| Liquidity Ratio | Current Ratio = Current Assets/Current Liabilities | $ 1.71 | $ 1.92 |
| Profitability Ratio | Profit Margin= Net Income/Net Sales | $ (0.609390) | $ (0.65) |
| Solvency Ratio | Debt to Total Assets Ratio= Total Debt/Total Assets | $ 0.59 | $ 0.52 |
| Lyft, Inc | 2020 | 2019 | |
| Liquidity Ratio | Current Ratio = Current Assets/Current Liabilities | $ 1.56 | $ 2.01 |
| Profitability Ratio | Profit Margin= Net Income/Net Sales | 0.741265735 | 0.719654255 |
| Solvency Ratio | Debt to Total Assets Ratio= Total Debt/Total Assets | $ 0.64 | $ 0.50 |
GIVEN the following Ratio Analysis give a brief(1-2 sentences) explanation what changed year to year and what it means
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele
10th edition
9780077515904, 007802529X, 77515900, 978-0078025297
