Henry Schein Inc (HSIC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,983,000 | 4,488,000 | 3,988,000 | 3,844,000 | 3,791,420 |
| Total current liabilities | US$ in thousands | 2,803,000 | 2,683,000 | 2,224,000 | 2,307,000 | 2,283,100 |
| Current ratio | 1.42 | 1.67 | 1.79 | 1.67 | 1.66 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,983,000K ÷ $2,803,000K
= 1.42
Henry Schein Inc's current ratio has shown a generally stable trend over the past five years, ranging from 1.42 to 1.79. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A current ratio above 1 indicates that the company has more current assets than current liabilities, suggesting it has the capacity to pay off its short-term obligations.
In this case, Henry Schein Inc has maintained a current ratio above 1 throughout the period, indicating its ability to meet its short-term financial obligations. The slight fluctuations in the current ratio over the years may be attributed to changes in the composition of current assets and liabilities.
Overall, with a current ratio consistently above 1, Henry Schein Inc appears to have a healthy liquidity position, providing assurance to creditors, investors, and other stakeholders regarding the company's short-term financial health.
Peer comparison
Dec 31, 2024