DaVita HealthCare Partners Inc (DVA)
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 | 3,746,070 | 4,037,000 | 3,466,920 | 3,683,750 | 3,137,910 | 3,135,360 | 3,001,970 | 3,039,740 | 3,155,290 | 3,202,440 | 3,264,110 | 3,128,710 | 3,167,720 | 3,839,540 | 3,978,590 | 3,866,680 | 3,148,720 | 3,429,680 | 5,779,830 | 4,023,940 |
| Total current liabilities | US$ in thousands | 2,973,410 | 2,943,990 | 2,994,790 | 2,583,100 | 2,642,210 | 2,537,930 | 2,403,420 | 2,565,090 | 2,619,750 | 2,537,410 | 2,310,750 | 2,420,450 | 2,398,530 | 2,363,050 | 2,386,040 | 2,314,720 | 2,476,140 | 2,499,240 | 4,274,560 | 2,220,750 |
| Current ratio | 1.26 | 1.37 | 1.16 | 1.43 | 1.19 | 1.24 | 1.25 | 1.19 | 1.20 | 1.26 | 1.41 | 1.29 | 1.32 | 1.62 | 1.67 | 1.67 | 1.27 | 1.37 | 1.35 | 1.81 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,746,070K ÷ $2,973,410K
= 1.26
The current ratio of DaVita HealthCare Partners Inc has fluctuated over the years, indicating variations in its short-term liquidity position. As of December 31, 2024, the current ratio stands at 1.26, which suggests that the company has $1.26 in current assets to cover each dollar of current liabilities. A current ratio above 1 indicates that the company has sufficient current assets to meet its short-term obligations.
Analyzing the trend, we observe that the current ratio reached a peak of 1.81 on March 31, 2020, signaling a strong liquidity position at that time. However, the ratio declined over the following quarters before rebounding to 1.67 in March 31, 2021. Subsequently, the ratio fluctuated within a range of 1.16 to 1.43 until December 31, 2024.
The current ratio has generally remained above 1, reflecting DaVita's ability to meet its short-term obligations. Investors and stakeholders may monitor this ratio to assess the company's liquidity risk and financial health. It is essential for the company to maintain a reasonable current ratio to ensure it can meet its short-term financial obligations.
Peer comparison
Dec 31, 2024