Acadia Healthcare Company Inc (ACHC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 577,492 | 596,000 | 506,125 | 495,031 | 2,523,400 |
| Total current liabilities | US$ in thousands | 577,919 | 885,781 | 388,326 | 404,861 | 1,308,180 |
| Current ratio | 1.00 | 0.67 | 1.30 | 1.22 | 1.93 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $577,492K ÷ $577,919K
= 1.00
The current ratio of Acadia Healthcare Company Inc has fluctuated over the years, indicating changes in its short-term liquidity position.
As of December 31, 2020, the company had a current ratio of 1.93, suggesting that it had $1.93 in current assets for every $1 in current liabilities, reflecting a strong current liquidity position. However, by December 31, 2023, the current ratio had decreased significantly to 0.67, indicating a potential strain on the company's short-term liquidity and ability to cover its current obligations.
The current ratio improved slightly to 1.00 by December 31, 2024, but it still remains lower than the levels seen in previous years. This suggests that Acadia Healthcare may need to manage its current assets and liabilities more efficiently to enhance its short-term liquidity position.
Overall, the fluctuation in Acadia Healthcare's current ratio over the years may indicate changes in its working capital management and ability to meet its short-term financial obligations. Investors and stakeholders should closely monitor the current ratio to assess the company's short-term liquidity position and financial health.
Peer comparison
Dec 31, 2024