Concentra Group Holdings Parent, Inc. (CON)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 437,207 | 294,418 | 284,627 | — |
| Total current liabilities | US$ in thousands | 307,186 | 274,634 | 279,626 | — |
| Current ratio | 1.42 | 1.07 | 1.02 | — |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $437,207K ÷ $307,186K
= 1.42
The current ratio of Concentra Group Holdings Parent, Inc. has shown an improving trend over the past few years. As of December 31, 2022, the current ratio was 1.02, indicating that the company had just enough current assets to cover its current liabilities. By December 31, 2023, the current ratio had increased to 1.07, suggesting slightly stronger liquidity. Notably, by December 31, 2024, the current ratio had further improved to 1.42, signaling a healthier financial position with more current assets relative to current liabilities. This trend indicates that Concentra Group Holdings Parent, Inc. has been managing its short-term obligations more effectively and may be better positioned to meet its financial commitments in the near future.
Peer comparison
Dec 31, 2024