HCA Holdings Inc (HCA)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,933,000 | 2,888,000 | 831,000 | 1,284,000 | 935,000 | 891,000 | 862,000 | 842,000 | 908,000 | 999,000 | 858,000 | 2,371,000 | 1,451,000 | 1,027,000 | 1,120,000 | 1,030,000 | 1,793,000 | 6,588,000 | 4,638,000 | 731,000 |
| Short-term investments | US$ in thousands | — | 95,000 | 104,000 | 95,000 | 87,000 | 103,000 | 99,000 | 390,000 | 381,000 | 121,000 | 114,000 | — | 438,000 | 418,000 | 410,000 | 393,000 | 388,000 | 390,000 | — | — |
| Total current liabilities | US$ in thousands | 15,177,000 | 14,900,000 | 14,301,000 | 13,141,000 | 12,655,000 | 12,407,000 | 11,545,000 | 11,028,000 | 9,902,000 | 9,784,000 | 8,999,000 | 10,518,000 | 9,582,000 | 9,624,000 | 8,615,000 | 8,642,000 | 8,704,000 | 14,379,000 | 12,856,000 | 7,019,000 |
| Cash ratio | 0.13 | 0.20 | 0.07 | 0.10 | 0.08 | 0.08 | 0.08 | 0.11 | 0.13 | 0.11 | 0.11 | 0.23 | 0.20 | 0.15 | 0.18 | 0.16 | 0.25 | 0.49 | 0.36 | 0.10 |
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 displayed significant fluctuations over the reported periods. The cash ratio measures the company's ability to cover its short-term liabilities using its cash and cash equivalents.
The cash ratio started at a low of 0.10 on March 31, 2020. It improved steadily, reaching its highest point of 0.49 on September 30, 2020, indicating that the company had a higher level of cash to cover its short-term obligations at that time. However, the ratio decreased to 0.16 on March 31, 2021, and continued to fluctuate around this level until June 30, 2021.
In the subsequent periods, the cash ratio remained relatively stable, fluctuating between 0.15 and 0.23. The ratio decreased to 0.08 in June 30, 2023, showing a significant decline in the company's ability to cover its short-term liabilities with cash. The ratio remained at this level until December 31, 2024, where it slightly increased to 0.13.
Overall, the cash ratio of HCA Holdings Inc has shown volatility over the reported periods, with some fluctuations indicating varying levels of liquidity and the company's ability to meet short-term obligations using its available cash resources.
Peer comparison
Dec 31, 2024