Acadia Healthcare Company Inc (ACHC)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 76,305 | 100,073 | 97,649 | 133,813 | 378,697 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 577,919 | 885,781 | 388,326 | 404,861 | 1,308,180 |
| Quick ratio | 0.13 | 0.11 | 0.25 | 0.33 | 0.29 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($76,305K
+ $—K
+ $—K)
÷ $577,919K
= 0.13
The quick ratio of Acadia Healthcare Company Inc has shown some fluctuations over the past five years. Starting at 0.29 in December 31, 2020, the ratio increased to 0.33 by December 31, 2021, indicating a slightly improved ability to cover its short-term liabilities with its most liquid assets. However, the ratio decreased to 0.25 by December 31, 2022, suggesting a potential strain on liquidity.
Furthermore, there was a significant drop in the quick ratio to 0.11 by December 31, 2023, indicating a notable decline in the company's ability to meet its short-term obligations with its quick assets alone. However, there was a slight recovery to 0.13 by December 31, 2024.
Analyzing the quick ratio trends, it appears that Acadia Healthcare Company Inc may have had difficulty in maintaining a comfortable level of liquidity in the recent years. Investors and stakeholders may want to further investigate the company's working capital management and short-term liquidity position to assess the potential risks associated with its current financial condition.
Peer comparison
Dec 31, 2024