Universal Health Services Inc (UHS)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 125,983 | 106,077 | 128,786 | 112,093 | 119,439 | 80,768 | 79,451 | 109,969 | 102,818 | 74,571 | 132,658 | 105,999 | 115,301 | 189,743 | 199,017 | 764,502 | 1,224,490 | 1,101,230 | 539,622 | 54,619 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 2,210,410 | 2,011,190 | 2,149,210 | 2,075,340 | 2,013,350 | 1,989,820 | 2,035,350 | 1,863,380 | 1,914,420 | 1,939,200 | 1,991,700 | 2,146,220 | 1,984,110 | 1,968,820 | 1,968,810 | 2,239,380 | 2,481,040 | 2,668,230 | 2,259,170 | 1,689,950 |
| Cash ratio | 0.06 | 0.05 | 0.06 | 0.05 | 0.06 | 0.04 | 0.04 | 0.06 | 0.05 | 0.04 | 0.07 | 0.05 | 0.06 | 0.10 | 0.10 | 0.34 | 0.49 | 0.41 | 0.24 | 0.03 |
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 for Universal Health Services Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024, ranging from as low as 0.03 to as high as 0.49. The cash ratio represents the proportion of a company's cash and cash equivalents to its current liabilities, providing insight into the company's ability to cover its short-term liabilities with its available cash.
The trend of the cash ratio indicates the company's liquidity position and ability to meet its short-term obligations. A higher cash ratio suggests that the company has a stronger ability to pay off its current liabilities using its cash on hand, indicating a more liquid position. On the other hand, a lower cash ratio may imply that the company is less capable of covering its short-term liabilities with its available cash.
In the case of Universal Health Services Inc, the cash ratio has generally trended downwards from December 31, 2020, reaching its lowest point at 0.04 by September 30, 2023. This decline may raise concerns about the company's liquidity position and its ability to meet its short-term obligations. However, the cash ratio improved slightly to 0.06 by December 31, 2023, and has remained relatively stable around this level until December 31, 2024.
It is essential for investors and stakeholders to monitor the cash ratio closely to assess the company's liquidity risk and financial health, as fluctuations in the cash ratio can indicate changes in the company's ability to manage its short-term obligations with its available cash resources.
Peer comparison
Dec 31, 2024