HealthStream Inc (HSTM)

Current 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
Total current assets	US$ in thousands	153,122	145,648	139,112	147,389	130,210	126,879	118,013	125,108	114,377	104,351	95,333	107,226	106,845	112,256	110,167	114,977	114,725	199,097	198,680	200,656
Total current liabilities	US$ in thousands	115,693	110,572	111,883	126,070	118,361	114,582	109,151	121,004	117,213	105,390	104,914	114,562	100,350	101,950	105,918	116,906	119,442	95,014	92,442	102,474
Current ratio		1.32	1.32	1.24	1.17	1.10	1.11	1.08	1.03	0.98	0.99	0.91	0.94	1.06	1.10	1.04	0.98	0.96	2.10	2.15	1.96

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $153,122K ÷ $115,693K
= 1.32

The current ratio of HealthStream Inc has shown fluctuations over the past few years based on the provided data. Initially, the company's current ratio increased steadily from March 31, 2020, to June 30, 2020, indicating a strong ability to cover short-term liabilities with current assets. However, there was a slight decrease by December 31, 2020, which continued into the first quarter of 2021.

Subsequently, HealthStream Inc's current ratio saw some volatility throughout 2021 and into 2022, with fluctuations above and below the ideal threshold of 2. This suggests that the company may have faced challenges in managing its current assets and liabilities efficiently during this period.

From March 31, 2023, onward, the current ratio started to improve gradually, indicating a better liquidity position for the company. By December 31, 2024, the current ratio reached its highest point in the data provided, signaling an enhanced ability to meet short-term obligations using current assets.

Overall, HealthStream Inc's current ratio displays a mix of fluctuations and improvements over the years, showcasing the company's changing liquidity and its capacity to cover immediate financial obligations with its current assets.