Astrana Health Inc (ASTH)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 318,873 | 461,507 | 428,125 | 404,460 | 338,577 |
| Total current liabilities | US$ in thousands | 222,688 | 218,674 | 148,610 | 114,719 | 114,992 |
| Current ratio | 1.43 | 2.11 | 2.88 | 3.53 | 2.94 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $318,873K ÷ $222,688K
= 1.43
The current ratio of Astrana Health Inc has shown fluctuations over the past five years. Starting at 2.94 in December 31, 2020, the ratio increased to 3.53 by December 31, 2021, indicating improved short-term liquidity. However, in the subsequent years, the current ratio declined, reaching 1.43 by December 31, 2024. This trend suggests potential challenges in meeting short-term obligations with current assets alone, as the ratio has fallen below 2, which is often considered a healthy benchmark. Further analysis of the company's liquidity management and asset composition may be necessary to address this downward trend in the current ratio.
Peer comparison
Dec 31, 2024