CVS Health Corp (CVS)
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 | 68,645,000 | 67,343,000 | 69,952,000 | 67,473,000 | 67,858,000 | 70,143,000 | 67,756,000 | 68,706,000 | 65,633,000 | 68,341,000 | 62,142,000 | 61,483,000 | 60,008,000 | 60,842,000 | 56,559,000 | 55,719,000 | 56,369,000 | 59,211,000 | 62,506,000 | 58,958,000 |
| Total current liabilities | US$ in thousands | 84,609,000 | 84,627,000 | 81,386,000 | 83,319,000 | 79,189,000 | 81,553,000 | 79,206,000 | 75,054,000 | 69,421,000 | 72,409,000 | 68,457,000 | 69,780,000 | 67,807,000 | 64,709,000 | 59,311,000 | 60,104,000 | 62,017,000 | 62,044,000 | 63,694,000 | 59,560,000 |
| Current ratio | 0.81 | 0.80 | 0.86 | 0.81 | 0.86 | 0.86 | 0.86 | 0.92 | 0.95 | 0.94 | 0.91 | 0.88 | 0.88 | 0.94 | 0.95 | 0.93 | 0.91 | 0.95 | 0.98 | 0.99 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $68,645,000K ÷ $84,609,000K
= 0.81
The current ratio of CVS Health Corp has been fluctuating over the past few years, ranging from 0.80 to 0.99. This ratio indicates the company's ability to cover its short-term obligations with its short-term assets. Generally, a current ratio below 1.0 may signal potential liquidity concerns, as it suggests that the company may have difficulty meeting its current liabilities with its current assets.
From the data provided, we observe a downward trend in the current ratio from 2020 to 2024, with the ratio consistently below 1.0 in the later years. This trend may indicate a potential strain on CVS Health Corp's short-term liquidity position. It is advisable for stakeholders to closely monitor the company's liquidity management and evaluate its ability to meet its short-term obligations as per the current ratio information.
Peer comparison
Dec 31, 2024