HCA Holdings Inc (HCA)
Quick 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 | 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 | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,933,000K
+ $—K
+ $—K)
÷ $15,177,000K
= 0.13
Based on the provided data, the quick ratio of HCA Holdings Inc has shown fluctuations over the given periods. The quick ratio measures the company's ability to meet its short-term liabilities with its most liquid assets.
In March 2020, the quick ratio was very low at 0.10, indicating the company had limited liquid assets to cover its current liabilities. From there, the ratio showed improvement, reaching a peak of 0.49 in September 2020, suggesting an enhanced ability to meet short-term obligations.
However, the quick ratio declined to 0.15 by September 2021, indicating potential liquidity challenges. The ratio fluctuated between 0.08 and 0.23 over the following periods, signaling volatility in the company's short-term liquidity position.
Overall, the quick ratio of HCA Holdings Inc has displayed fluctuations, indicating varying levels of liquidity to cover short-term obligations. It is important for the company to maintain a healthy quick ratio to ensure it can meet its short-term financial commitments effectively.
Peer comparison
Dec 31, 2024