Kyriba Report Finds Corporate Liquidity Increases to $3.5 Trillion, a Year-Over-Year increase of $180 Billion

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Title: Kyriba Report Finds Corporate Liquidity Increases to $3.5 Trillion, a Year-Over-Year increase of $180 Billion
Authors: Kyriba
Source: Business Wire (English). 05/01/2024.
Abstract: Kyriba, the global leader in liquidity performance, today unveiled the first-of-its-kind Corporate Liquidity Performance Report, which found that corporate liquidity health increased to nearly $3.5 Trillion by the end of 2023, which is a year-over-year increase of $180 Billion compared to 2022. The report also shows that total liquidity of public US companies with revenue over $1.0 Billion has trended higher over the past four quarters, which is evidence of the continued economic uncertainty and ongoing market volatility. [ABSTRACT FROM PUBLISHER]
Database: Regional Business News
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Abstract:Kyriba, the global leader in liquidity performance, today unveiled the first-of-its-kind Corporate Liquidity Performance Report, which found that corporate liquidity health increased to nearly $3.5 Trillion by the end of 2023, which is a year-over-year increase of $180 Billion compared to 2022. The report also shows that total liquidity of public US companies with revenue over $1.0 Billion has trended higher over the past four quarters, which is evidence of the continued economic uncertainty and ongoing market volatility. [ABSTRACT FROM PUBLISHER]