Universal Health Services Inc (UHS)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 125,983 | 119,439 | 102,818 | 115,301 | 1,224,490 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 2,210,410 | 2,013,350 | 1,914,420 | 1,984,110 | 2,481,040 |
| Cash ratio | 0.06 | 0.06 | 0.05 | 0.06 | 0.49 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($125,983K
+ $—K)
÷ $2,210,410K
= 0.06
The cash ratio of Universal Health Services Inc has shown a declining trend over the past five years, decreasing from 0.49 in December 31, 2020, to 0.06 in December 31, 2021, and remaining relatively stable at 0.05, 0.06, and 0.06 in the subsequent years up to December 31, 2024.
This indicates that the company may have a decreasing ability to cover its short-term obligations with its readily available cash and cash equivalents. It is essential for investors and stakeholders to closely monitor this ratio, as a low cash ratio may indicate potential liquidity issues and the need for the company to manage its short-term cash flow more effectively.
Peer comparison
Dec 31, 2024