Amedisys Inc (AMED)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 632,083 | 496,935 | 388,961 | 356,684 | 361,984 |
| Total current liabilities | US$ in thousands | 514,392 | 473,721 | 355,529 | 374,282 | 456,337 |
| Current ratio | 1.23 | 1.05 | 1.09 | 0.95 | 0.79 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $632,083K ÷ $514,392K
= 1.23
The current ratio of Amedisys Inc has shown an improving trend over the past five years, increasing from 0.79 as of December 31, 2020, to 1.23 as of December 31, 2024. This indicates that the company's ability to cover its short-term obligations with its current assets has strengthened significantly over the period analyzed. The current ratio exceeding 1.0 in all years implies that Amedisys Inc has more current assets than current liabilities, suggesting a healthy liquidity position. The consistent upward trend in the current ratio signifies improved financial health and operational efficiency, as the company is better equipped to meet its short-term financial obligations. Overall, Amedisys Inc appears to have a solid liquidity position based on its current ratio performance.
Peer comparison
Dec 31, 2024