Privia Health Group Inc (PRVA)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 834,823,000 | 853,753 | 779,671 | 728,140 | 700,804 | 697,668 | 654,000 | 588,777 | 551,962 | 579,646 | 521,270 | 492,558 | 446,676 | 469,424 | 436,450 | 204,646 | 190,084 |
| Total current liabilities | US$ in thousands | 449,146,000 | 479,473 | 429,592 | 403,798 | 386,952 | 394,192 | 355,238 | 309,689 | 264,274 | 304,529 | 265,140 | 220,353 | 190,461 | 187,242 | 167,318 | 157,524 | 146,938 |
| Current ratio | 1.86 | 1.78 | 1.81 | 1.80 | 1.81 | 1.77 | 1.84 | 1.90 | 2.09 | 1.90 | 1.97 | 2.24 | 2.35 | 2.51 | 2.61 | 1.30 | 1.29 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $834,823,000K ÷ $449,146,000K
= 1.86
The current ratio of Privia Health Group Inc has shown fluctuating trends over the past few years, indicating changes in the company's liquidity position. From December 31, 2020, to June 30, 2022, the current ratio increased steadily from 1.29 to 2.61, suggesting an improvement in the company's ability to meet its short-term obligations with its current assets.
However, from June 30, 2022, to December 31, 2024, the current ratio exhibited a declining trend, decreasing to 1.86. This decline may indicate a potential deterioration in the company's short-term liquidity position or an increase in short-term liabilities relative to current assets.
Overall, while Privia Health Group Inc maintained a current ratio above 1 during the period analyzed, suggesting that they have sufficient current assets to cover their short-term liabilities, the fluctuating nature of the ratio highlights the importance of monitoring the company's liquidity and financial health closely.
Peer comparison
Dec 31, 2024