AMN Healthcare Services Inc (AMN)
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 | 594,915 | 612,266 | 704,757 | 790,746 | 841,685 | 831,120 | 807,236 | 1,071,060 | 1,093,640 | 1,206,170 | 1,190,220 | 1,478,770 | 1,349,070 | 899,531 | 790,103 | 830,357 | 533,735 | 513,703 | 518,639 | 600,594 |
| Total current liabilities | US$ in thousands | 545,785 | 518,546 | 573,890 | 623,903 | 656,121 | 707,126 | 673,715 | 803,601 | 857,933 | 891,246 | 957,379 | 1,147,580 | 969,390 | 641,186 | 582,563 | 598,994 | 422,957 | 386,168 | 384,536 | 373,060 |
| Current ratio | 1.09 | 1.18 | 1.23 | 1.27 | 1.28 | 1.18 | 1.20 | 1.33 | 1.27 | 1.35 | 1.24 | 1.29 | 1.39 | 1.40 | 1.36 | 1.39 | 1.26 | 1.33 | 1.35 | 1.61 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $594,915K ÷ $545,785K
= 1.09
The current ratio of AMN Healthcare Services Inc has shown some fluctuations over the past few years. The ratio, which measures the company's ability to meet its short-term obligations with its current assets, ranged between 1.09 and 1.61 during the period from December 31, 2024, to March 31, 2020.
From December 31, 2024, to March 31, 2020, the current ratio was relatively stable, staying above 1.2, indicating that the company had more current assets than current liabilities to cover its short-term obligations.
There was a slight decrease in the current ratio in 2020, dropping from 1.61 in March to 1.26 in December, which might have raised concerns about the company's liquidity. However, the ratio improved slightly in the following periods, reaching 1.40 in September 2021.
Subsequently, the current ratio fluctuates through 2023 and 2024, varying between 1.09 and 1.35, posing challenges in maintaining a stable liquidity position. Overall, while the current ratio indicates that AMN Healthcare Services Inc has generally been able to meet its short-term obligations with its current assets, the fluctuations suggest some variability in the company's liquidity position over the years.
Peer comparison
Dec 31, 2024