Select Medical Holdings (SEM)
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 | 1,019,780 | 1,404,200 | 1,365,090 | 1,440,340 | 1,257,650 | 1,276,090 | 1,304,480 | 1,313,730 | 1,271,310 | 1,217,250 | 1,221,050 | 1,250,850 | 1,139,440 | 1,779,340 | 1,868,170 | 1,835,310 | 1,594,000 | 1,624,130 | 1,363,330 | 998,030 |
| Total current liabilities | US$ in thousands | 977,651 | 1,245,700 | 1,257,000 | 1,184,380 | 1,248,460 | 1,166,060 | 1,188,210 | 1,185,710 | 1,155,150 | 1,196,740 | 1,241,740 | 1,189,150 | 1,273,080 | 1,326,370 | 1,409,030 | 1,540,250 | 1,438,370 | 1,345,490 | 1,255,970 | 843,954 |
| Current ratio | 1.04 | 1.13 | 1.09 | 1.22 | 1.01 | 1.09 | 1.10 | 1.11 | 1.10 | 1.02 | 0.98 | 1.05 | 0.90 | 1.34 | 1.33 | 1.19 | 1.11 | 1.21 | 1.09 | 1.18 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,019,780K ÷ $977,651K
= 1.04
The current ratio of Select Medical Holdings has shown fluctuations over the past few years based on the data provided. The ratio indicates the company's ability to cover its short-term obligations with its current assets. A current ratio above 1 generally suggests that the company has more current assets than current liabilities, indicating good liquidity.
From March 31, 2020, to September 30, 2021, the current ratio generally stayed above 1, indicating healthy liquidity levels. However, there was a significant drop to 0.90 by December 31, 2021, which could raise concerns about the company's ability to meet short-term obligations.
The ratio improved in the following periods but remained below 1 for some quarters in 2022 and 2024, suggesting a potential strain on liquidity to cover short-term liabilities during those periods.
Overall, while the current ratio has shown some fluctuations, it is essential for Select Medical Holdings to closely monitor and manage its current assets and liabilities to ensure it maintains a healthy liquidity position to meet its short-term financial obligations efficiently.
Peer comparison
Dec 31, 2024