National Vision Holdings Inc (EYE)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 73,948 | 149,896 | 229,425 | 305,800 | 373,903 |
| Short-term investments | US$ in thousands | — | 5,600 | 10,000 | — | — |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 468,274 | 397,700 | 344,264 | 343,803 | 328,680 |
| Quick ratio | 0.16 | 0.39 | 0.70 | 0.89 | 1.14 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($73,948K
+ $—K
+ $—K)
÷ $468,274K
= 0.16
The quick ratio of National Vision Holdings Inc has shown a downward trend over the years, decreasing from 1.14 in December 31, 2020 to 0.16 in December 31, 2024. This indicates a weakening liquidity position, as the company's ability to meet its short-term obligations with its most liquid assets has diminished. A quick ratio below 1.0 suggests that the company may have difficulty meeting its short-term liabilities without having to sell inventory or other current assets. It is important for the company to closely monitor and manage its liquidity position to ensure financial stability and meet its financial obligations in a timely manner.
Peer comparison
Dec 31, 2024