Astrana Health Inc (ASTH)
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 | 638,496 | 596,990 | 569,149 | 537,210 | 461,507 | 476,229 | 465,063 | 457,688 | 428,125 | 443,616 | 461,038 | 444,416 | 398,782 | 427,212 | 470,550 | 370,275 | 338,577 | 366,698 | 380,545 | 318,063 |
| Total current liabilities | US$ in thousands | 365,608 | 312,928 | 309,825 | 355,272 | 218,674 | 202,957 | 185,794 | 164,954 | 148,610 | 156,191 | 185,238 | 160,436 | 115,371 | 116,759 | 128,088 | 126,347 | 114,992 | 131,461 | 152,507 | 106,605 |
| Current ratio | 1.75 | 1.91 | 1.84 | 1.51 | 2.11 | 2.35 | 2.50 | 2.77 | 2.88 | 2.84 | 2.49 | 2.77 | 3.46 | 3.66 | 3.67 | 2.93 | 2.94 | 2.79 | 2.50 | 2.98 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $638,496K ÷ $365,608K
= 1.75
The current ratio of Astrana Health Inc has shown fluctuations over the past few years, indicating changes in the company's liquidity position. Starting at 2.98 on March 31, 2020, the ratio decreased to 2.50 by June 30, 2020, then increased to 3.67 by June 30, 2021, demonstrating a significant improvement in liquidity.
Subsequently, the ratio declined to 2.35 by September 30, 2023, and further to 1.51 by March 31, 2024. These lower ratios suggest a potential strain on the company's ability to meet short-term obligations with its current assets.
It is important for Astrana Health Inc to closely monitor its current ratio and work towards maintaining a healthy balance between current assets and current liabilities to ensure ongoing financial stability and meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024