Maximus Inc (MMS)

Current ratio

		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	Dec 31, 2019
Total current assets	US$ in thousands	1,200,540	1,078,290	1,118,450	1,109,620	1,055,470	996,036	951,904	1,256,090	1,032,310	1,071,580	1,090,500	1,148,330	1,079,490	1,307,360	932,137	986,827	932,558	979,512	863,453	843,908
Total current liabilities	US$ in thousands	807,529	680,043	728,716	658,366	723,014	683,301	681,175	746,222	774,447	730,206	753,266	710,792	789,433	860,604	593,724	547,400	561,168	502,544	438,332	432,708
Current ratio		1.49	1.59	1.53	1.69	1.46	1.46	1.40	1.68	1.33	1.47	1.45	1.62	1.37	1.52	1.57	1.80	1.66	1.95	1.97	1.95

September 30, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,200,540K ÷ $807,529K
= 1.49

The current ratio of Maximus Inc has shown some fluctuations over the past few years. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally seen as a healthy sign.

Looking at the trend in Maximus Inc's current ratio, we can see that it has varied between 1.33 and 1.97 over the past two years. In recent quarters, the current ratio has been mostly above 1.4, with the highest value of 1.97 recorded in the first quarter of 2020 and the lowest value of 1.33 in the third quarter of 2022.

A current ratio of 1.49 as of September 30, 2024, indicates that Maximus Inc has $1.49 in current assets for every dollar of current liabilities, reflecting a relatively stable position in the short-term. It is important for investors and analysts to monitor the current ratio over time to assess the company's liquidity and financial health.