HCA Holdings Inc (HCA)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | 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 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 15,177,000 | 12,655,000 | 9,902,000 | 9,582,000 | 8,704,000 |
| Quick ratio | 0.13 | 0.08 | 0.13 | 0.16 | 0.22 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,933,000K
+ $—K
+ $—K)
÷ $15,177,000K
= 0.13
The quick ratio of HCA Holdings Inc has been showing a declining trend over the years, dropping from 0.22 as of December 31, 2020, to 0.13 as of December 31, 2022, before slightly increasing to 0.13 as of December 31, 2024. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio below 1 indicates potential liquidity constraints, as the company may not have enough liquid assets to cover its short-term liabilities. In this case, the decreasing trend in the quick ratio suggests a potential weakening in HCA Holdings Inc's liquidity position over the years, which may raise concerns about the company's short-term solvency and ability to meet its financial obligations promptly.
Peer comparison
Dec 31, 2024