HCA Holdings Inc (HCA)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,933,000 | 935,000 | 908,000 | 1,451,000 | 1,793,000 |
| Short-term investments | US$ in thousands | — | 87,000 | 381,000 | 103,000 | 116,000 |
| Total current liabilities | US$ in thousands | 15,177,000 | 12,655,000 | 9,902,000 | 9,582,000 | 8,704,000 |
| Cash ratio | 0.13 | 0.08 | 0.13 | 0.16 | 0.22 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,933,000K
+ $—K)
÷ $15,177,000K
= 0.13
The cash ratio of HCA Holdings Inc has shown a downward trend over the years, declining from 0.22 as of December 31, 2020, to 0.13 as of December 31, 2022. This indicates that the company's ability to cover its short-term liabilities solely with its available cash and cash equivalents has weakened. The further decrease to 0.08 by December 31, 2023, suggests a potential liquidity challenge. However, there was a slight improvement to 0.13 by December 31, 2024. Overall, the decreasing trend in the cash ratio highlights the importance of monitoring the company's liquidity position and cash management practices to ensure financial stability and meet its short-term obligations.
Peer comparison
Dec 31, 2024