Acadia Healthcare Company Inc (ACHC)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 577,492 | 652,062 | 645,214 | 610,806 | 596,000 | 703,475 | 578,757 | 537,790 | 506,125 | 521,656 | 518,032 | 530,099 | 495,031 | 567,159 | 575,626 | 528,225 | 2,523,400 | 756,410 | 610,941 | 502,952 |
| 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 |
| Current ratio | 1.00 | 1.07 | 1.18 | 1.27 | 0.67 | 0.81 | 1.34 | 1.42 | 1.30 | 1.30 | 1.17 | 1.29 | 1.22 | 1.41 | 1.35 | 1.29 | 1.93 | 1.26 | 1.16 | 0.87 |
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 shown fluctuations over the last few quarters. The ratio started at a low of 0.87 on March 31, 2020, indicating that the company had less current assets to cover its current liabilities. However, there was a noticeable improvement by December 31, 2020, with a ratio of 1.93, suggesting that the company had significantly increased its current assets relative to its current liabilities.
Subsequently, there were some fluctuations in the current ratio, with values ranging between 1.16 and 1.42 up to March 31, 2024. These figures indicated that Acadia Healthcare had a healthy level of current assets to cover its current obligations during this period.
However, a decline was observed in the current ratio as of December 31, 2024, where the ratio dropped to 1.00. This decrease may raise concerns about the company's ability to cover its short-term liabilities with its current assets effectively.
It is essential for Acadia Healthcare to closely monitor its current ratio and ensure it maintains a healthy level to meet its short-term financial obligations and operational needs. A current ratio of around 2.0 is generally considered healthy, but the adequacy of this ratio can vary by industry and company circumstances.
Peer comparison
Dec 31, 2024