AMN Healthcare Services Inc (AMN)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 10,649 | 32,935 | 64,524 | 180,928 | 29,213 |
| Short-term investments | US$ in thousands | — | 68,845 | 61,218 | 64,482 | 61,347 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 545,785 | 656,121 | 857,933 | 969,390 | 422,957 |
| Quick ratio | 0.02 | 0.16 | 0.15 | 0.25 | 0.21 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($10,649K
+ $—K
+ $—K)
÷ $545,785K
= 0.02
The quick ratio of AMN Healthcare Services Inc has shown varying trends over the years. As of December 31, 2020, the quick ratio was 0.21, indicating that the company had $0.21 of liquid assets available to cover each $1 of current liabilities. This ratio improved slightly to 0.25 by December 31, 2021, suggesting a better ability to meet short-term obligations.
However, the quick ratio decreased to 0.15 by December 31, 2022, and further to 0.16 by December 31, 2023, signaling a potential strain on the company's short-term liquidity position. The most recent data as of December 31, 2024, shows a significant decline in the quick ratio to 0.02, which raises concerns about the company's ability to promptly meet its current financial obligations.
Overall, the decreasing trend in the quick ratio over the years indicates a potential liquidity challenge for AMN Healthcare Services Inc, highlighting the importance of monitoring and managing its short-term liquidity position to ensure financial stability.
Peer comparison
Dec 31, 2024