Adapthealth Corp (AHCO)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 755,788 | 649,022 | 585,308 | 670,058 | 363,251 |
| Total current liabilities | US$ in thousands | 566,987 | 536,999 | 456,214 | 499,812 | 422,053 |
| Current ratio | 1.33 | 1.21 | 1.28 | 1.34 | 0.86 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $755,788K ÷ $566,987K
= 1.33
Adapthealth Corp's current ratio has shown a positive trend over the past five years. Starting at 0.86 on December 31, 2020, the ratio has steadily increased to 1.34 by December 31, 2021, and maintained at healthy levels around 1.2 to 1.3 in the following years. This indicates that the company's current assets are generally sufficient to cover its current liabilities, reflecting improved liquidity and potentially reduced financial risk. However, it is important to continue monitoring this ratio to ensure the company's ability to meet its short-term obligations remains stable.
Peer comparison
Dec 31, 2024