Molina Healthcare Inc (MOH)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 12,773,000 | 12,542,000 | 10,084,000 | 10,064,000 | 7,876,000 |
| Total current liabilities | US$ in thousands | 7,896,000 | 8,168,000 | 6,855,000 | 7,047,000 | 4,965,000 |
| Current ratio | 1.62 | 1.54 | 1.47 | 1.43 | 1.59 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $12,773,000K ÷ $7,896,000K
= 1.62
The current ratio of Molina Healthcare Inc has shown a fluctuating trend over the years, with values as follows:
- December 31, 2020: 1.59
- December 31, 2021: 1.43
- December 31, 2022: 1.47
- December 31, 2023: 1.54
- December 31, 2024: 1.62
The current ratio indicates the company's ability to meet its short-term obligations with its current assets. A ratio greater than 1 suggests that the company has sufficient current assets to cover its current liabilities.
Molina Healthcare's current ratio has generally remained above 1, indicating that the company has been able to meet its short-term financial obligations. Although there was a slight decrease in 2021, the ratio has since shown a gradual improvement, reaching its highest point in December 2024. This improvement suggests that the company's liquidity position has strengthened over the years. It is important for investors and stakeholders to monitor this ratio for any signs of liquidity issues or financial distress.
Peer comparison
Dec 31, 2024