Concentra Group Holdings Parent, Inc. (CON)

Concentra Group Holdings Parent, Inc.'s liquidity ratios show a trend of improvement over the three most recent quarters. The current ratio, which measures the company's ability to cover short-term obligations with its current assets, increased from 1.07 in March 2024 to 1.19 in June 2024, further rising to 1.52 in September 2024. This indicates that the company's liquidity position has strengthened, with a higher ability to meet its current liabilities.

Similarly, the quick ratio, a more stringent measure of liquidity that excludes inventory from current assets, also improved from 0.11 in March 2024 to 0.18 in June 2024, and then significantly rose to 0.51 in September 2024. This demonstrates a notable enhancement in Concentra Group Holdings Parent, Inc.'s ability to meet short-term obligations without relying on inventory sales.

The cash ratio, which focuses solely on the company's ability to cover current liabilities with cash and cash equivalents, mirrors the quick ratio trends. Concentra Group Holdings Parent, Inc.'s cash ratio improved from 0.11 in March 2024 to 0.18 in June 2024, and then increased again to 0.51 in September 2024.

Overall, the improving liquidity ratios of Concentra Group Holdings Parent, Inc. suggest an enhanced ability to meet short-term obligations and potentially capitalize on opportunities for growth.

---

Additional liquidity measure

The cash conversion cycle for Concentra Group Holdings Parent, Inc. has consistently been 0.00 days for the periods ending Sep 30, 2024, Jun 30, 2024, and Mar 31, 2024. A zero-day cash conversion cycle indicates that the company is able to effectively manage its cash flows, inventory, and accounts receivable to ensure that it is neither tying up excess cash nor facing liquidity issues due to delays in collecting payments from customers. This suggests that Concentra Group Holdings Parent, Inc. is efficiently converting its resources into cash and back into operational activities without facing delays or inefficiencies in the process. A zero-day cash conversion cycle is a positive indicator of operational efficiency and effective working capital management within the company.