HCA Holdings Inc (HCA)
Current ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total current assets | US$ in thousands | 16,414,000 | 14,927,000 | 13,643,000 | 13,542,000 | 12,333,000 |
Total current liabilities | US$ in thousands | 15,177,000 | 12,655,000 | 9,902,000 | 9,582,000 | 8,704,000 |
Current ratio | 1.08 | 1.18 | 1.38 | 1.41 | 1.42 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $16,414,000K ÷ $15,177,000K
= 1.08
The current ratio for HCA Holdings Inc has shown a slight decline over the years, decreasing from 1.42 as of December 31, 2020, to 1.08 as of December 31, 2024. This ratio indicates that the company's current assets may be sufficient to cover its current liabilities, as a ratio above 1 suggests that it has more current assets than liabilities. However, the decreasing trend raises some concerns about the company's liquidity position. It is important for HCA Holdings Inc to monitor its current ratio closely to ensure it maintains a healthy balance between current assets and liabilities to meet its short-term obligations.
Peer comparison
Dec 31, 2024