Molina Healthcare Inc (MOH)
Current ratio
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 12,773,000 | 12,881,000 | 12,331,000 | 12,668,000 | 12,542,000 | 12,468,000 | 11,441,000 | 11,159,000 | 10,084,000 | 10,492,000 | 10,332,000 | 10,146,000 | 10,064,000 | 9,366,000 | 8,874,000 | 8,308,000 | 7,876,000 | 6,953,000 | 7,062,000 | 6,324,000 |
| Total current liabilities | US$ in thousands | 7,896,000 | 8,337,000 | 7,836,000 | 8,514,000 | 8,168,000 | 8,492,000 | 7,537,000 | 7,614,000 | 6,855,000 | 7,242,000 | 7,225,000 | 7,041,000 | 7,047,000 | 6,070,000 | 5,707,000 | 5,323,000 | 4,965,000 | 3,556,000 | 3,755,000 | 3,570,000 |
| Current ratio | 1.62 | 1.55 | 1.57 | 1.49 | 1.54 | 1.47 | 1.52 | 1.47 | 1.47 | 1.45 | 1.43 | 1.44 | 1.43 | 1.54 | 1.55 | 1.56 | 1.59 | 1.96 | 1.88 | 1.77 |
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 fluctuations over the past few years, ranging from a high of 1.96 in September 30, 2020, to a low of 1.43 in September 30, 2021. This ratio measures the company's ability to meet its short-term obligations with its current assets. Generally, a current ratio above 1 indicates that the company has more current assets than current liabilities, implying good short-term liquidity.
Molina Healthcare Inc's current ratio has been consistently above 1, which suggests that the company has been able to cover its short-term liabilities effectively. However, the slight decrease in the current ratio from 1.57 in June 30, 2024, to 1.55 in September 30, 2024, may indicate a potential decrease in liquidity or an increase in short-term liabilities relative to current assets. It would be important to monitor this trend in the upcoming periods to ensure the company's ability to meet its short-term obligations remains stable.
Peer comparison
Dec 31, 2024