McKesson Corporation (MCK)
Quick ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 5,691,000 | 4,583,000 | 4,678,000 | 3,532,000 | 6,278,000 |
| Short-term investments | US$ in thousands | — | — | — | 31,000 | — |
| Receivables | US$ in thousands | 25,643,000 | 21,622,000 | 19,410,000 | 18,583,000 | 19,181,000 |
| Total current liabilities | US$ in thousands | 61,604,000 | 52,357,000 | 47,957,000 | 48,466,000 | 44,103,000 |
| Quick ratio | 0.51 | 0.50 | 0.50 | 0.46 | 0.58 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($5,691,000K
+ $—K
+ $25,643,000K)
÷ $61,604,000K
= 0.51
The quick ratio of McKesson Corporation, a leading healthcare company, has shown fluctuating trends over the past five years. As of March 2021, the quick ratio stood at 0.58, indicating that the company had $0.58 of liquid assets available to cover each dollar of current liabilities. By March 2022, the quick ratio decreased to 0.46, suggesting a possible strain on the company's ability to meet short-term obligations with its highly liquid assets. However, there was a slight improvement in the quick ratio to 0.50 by March 2023 and it remained stable at 0.50 by March 2024 and further increased to 0.51 by March 2025.
Overall, while the quick ratio has shown some variability in recent years, hovering around the 0.5 mark, it is important for investors and stakeholders to monitor this liquidity metric closely to assess McKesson's ability to meet its short-term financial commitments effectively.
Peer comparison
Mar 31, 2025