Option Care Health Inc (OPCH)
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 | 1,322,630 | 1,321,370 | 1,227,410 | 1,129,710 | 1,094,260 | 1,116,280 | 1,198,220 | 1,029,540 | 994,339 | 951,964 | 877,139 | 805,712 | 710,256 | 811,184 | 735,764 | 664,734 | 657,012 | 676,475 | 637,543 | 601,272 |
| Total current liabilities | US$ in thousands | 780,146 | 763,224 | 695,407 | 636,952 | 618,309 | 624,084 | 668,467 | 618,566 | 565,351 | 586,800 | 555,308 | 508,139 | 459,695 | 485,664 | 459,516 | 420,164 | 434,023 | 433,173 | 394,611 | 379,023 |
| Current ratio | 1.70 | 1.73 | 1.77 | 1.77 | 1.77 | 1.79 | 1.79 | 1.66 | 1.76 | 1.62 | 1.58 | 1.59 | 1.55 | 1.67 | 1.60 | 1.58 | 1.51 | 1.56 | 1.62 | 1.59 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,322,630K ÷ $780,146K
= 1.70
Option Care Health Inc's current ratio has been relatively stable over the past few years, hovering around the 1.5 to 1.8 range. 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 positive sign of the company's liquidity and ability to cover its short-term debts.
With Option Care Health Inc's current ratio consistently above 1, it suggests that the company has a healthy level of liquidity and should be able to meet its short-term financial obligations without facing significant difficulties.
The slight fluctuations in the current ratio over the years may reflect changes in the company's working capital management or variations in its current asset and liability composition. Overall, the current ratio trend for Option Care Health Inc indicates a stable liquidity position.
Peer comparison
Dec 31, 2024