Molina Healthcare Inc (MOH)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 4,662,000 | 4,848,000 | 4,006,000 | 4,438,000 | 4,154,000 |
| Short-term investments | US$ in thousands | 4,325,000 | 4,259,000 | 3,499,000 | 3,202,000 | 1,875,000 |
| Total current liabilities | US$ in thousands | 7,896,000 | 8,168,000 | 6,855,000 | 7,047,000 | 4,965,000 |
| Cash ratio | 1.14 | 1.11 | 1.09 | 1.08 | 1.21 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($4,662,000K
+ $4,325,000K)
÷ $7,896,000K
= 1.14
The cash ratio of Molina Healthcare Inc has remained relatively stable over the period from December 31, 2020, to December 31, 2024, fluctuating within a narrow range between 1.08 and 1.21. This indicates that the company has consistently maintained a healthy level of cash and cash equivalents relative to its current liabilities throughout the period, suggesting a strong ability to meet its short-term obligations with readily available liquid assets. The slight variations in the cash ratio over the years may reflect changes in the company's cash position and short-term liabilities but overall indicate a prudent approach to managing liquidity.
Peer comparison
Dec 31, 2024