Humana Inc (HUM)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 2,221,000 | 4,694,000 | 5,061,000 | 3,394,000 | 4,673,000 |
| Short-term investments | US$ in thousands | 18,214,000 | 16,626,000 | 13,881,000 | 13,192,000 | 12,554,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 16,939,000 | 18,872,000 | 17,178,000 | 15,331,000 | 13,394,000 |
| Quick ratio | 1.21 | 1.13 | 1.10 | 1.08 | 1.29 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($2,221,000K
+ $18,214,000K
+ $—K)
÷ $16,939,000K
= 1.21
The quick ratio of Humana Inc has shown a fluctuating trend over the past five years. Starting at 1.29 in December 2020, the ratio decreased to 1.08 in December 2021, indicating a potential liquidity strain. However, there was a slight improvement to 1.10 in December 2022 and a further increase to 1.13 in December 2023, suggesting strengthened short-term liquidity. By December 2024, the quick ratio rose to 1.21, indicating an improvement in the company's ability to meet its short-term obligations with its most liquid assets. Overall, the trend suggests that Humana Inc has managed its liquidity position effectively over the analyzed period.
Peer comparison
Dec 31, 2024