Acadia Healthcare Company Inc (ACHC)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 76,305 | 82,145 | 77,167 | 77,303 | 100,073 | 99,591 | 112,173 | 63,829 | 97,649 | 93,419 | 128,368 | 140,367 | 133,813 | 196,313 | 185,546 | 178,915 | 378,697 | 338,702 | 211,939 | 81,004 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 577,919 | 609,500 | 546,522 | 482,313 | 885,781 | 864,890 | 432,482 | 378,129 | 388,326 | 401,013 | 441,653 | 410,751 | 404,861 | 403,292 | 425,215 | 410,979 | 1,308,180 | 601,339 | 527,364 | 579,584 |
| Cash ratio | 0.13 | 0.13 | 0.14 | 0.16 | 0.11 | 0.12 | 0.26 | 0.17 | 0.25 | 0.23 | 0.29 | 0.34 | 0.33 | 0.49 | 0.44 | 0.44 | 0.29 | 0.56 | 0.40 | 0.14 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($76,305K
+ $—K)
÷ $577,919K
= 0.13
The cash ratio of Acadia Healthcare Company Inc indicates its ability to cover its short-term liabilities with its cash and cash equivalents.
Based on the provided data:
- The cash ratio fluctuated over the period from March 31, 2020, to December 31, 2024.
- The highest cash ratio was observed on September 30, 2022, at 0.56, indicating a strong ability to cover short-term obligations with available cash.
- The lowest cash ratio was recorded on September 30, 2023, and December 31, 2023, at 0.12 and 0.11 respectively, suggesting a weaker ability to cover short-term liabilities with cash on hand during those periods.
- The cash ratio remained relatively stable around the range of 0.13 to 0.44 from March 31, 2021, to June 30, 2023.
Overall, the trend in Acadia Healthcare Company Inc's cash ratio shows fluctuations in its short-term liquidity position. It is essential for the company to maintain adequate levels of cash to meet its short-term obligations and financial stability. Investors and stakeholders can use this ratio to assess the company's liquidity risk and financial health.
Peer comparison
Dec 31, 2024