Lyft (LYFT)’s 2023 Financial Analysis

Balance sheet analysis  Lyft ‘s total assets were $4.564 billion and $4.556 billion in 2023 and 2022, respectively. Total current assets were $2.58 billion in 2023, accounting for 56.6% of total assets. Total current liabilities was $2.96 billion in 2023. The current ratio was 0.87 for 2023, which indicate that Lyft ‘s total current assets…