Cigna Corp (CI)

Current ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	48,870,000	37,351,000	28,790,000	26,096,000	28,904,000
Total current liabilities	US$ in thousands	57,979,000	48,716,000	10,768,000	9,200,000	22,199,000
Current ratio		0.84	0.77	2.67	2.84	1.30

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $48,870,000K ÷ $57,979,000K
= 0.84

The current ratio of Cigna Corp has fluctuated over the past five years. In December 2020, the current ratio was 1.30, indicating that the company had $1.30 in current assets for every $1 in current liabilities. Over the following years, the current ratio improved significantly, reaching 2.84 in December 2021 and 2.67 in December 2022, reflecting a stronger liquidity position. However, there was a notable decline in liquidity in December 2023, where the current ratio decreased to 0.77, suggesting potential liquidity challenges as the company might have had insufficient current assets to cover its current liabilities. In December 2024, the current ratio slightly improved to 0.84, but it remains low compared to previous years. This declining trend in the current ratio since 2022 may indicate a potential strain on short-term liquidity for Cigna Corp.