Privia Health Group Inc (PRVA)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 491,149 | 389,511 | 347,992 | 320,577 | 84,633 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 449,146 | 386,952 | 264,274 | 190,461 | 146,938 |
| Quick ratio | 1.09 | 1.01 | 1.32 | 1.68 | 0.58 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($491,149K
+ $—K
+ $—K)
÷ $449,146K
= 1.09
The quick ratio of Privia Health Group Inc has shown variability over the past five years. Starting at 0.58 on December 31, 2020, the ratio improved significantly to 1.68 by December 31, 2021, suggesting a stronger ability to meet short-term obligations using liquid assets. In the subsequent years, the ratio slightly decreased to 1.32 by December 31, 2022, and further to 1.01 by December 31, 2023, indicating a potential decrease in liquidity. However, by December 31, 2024, the quick ratio recovered to 1.09, suggesting a moderate improvement in short-term liquidity compared to the previous year. Overall, the trend in the quick ratio reflects fluctuations in the company's ability to cover immediate financial obligations with liquid assets, with some years showing stronger liquidity positions than others.
Peer comparison
Dec 31, 2024