Universal Health Services Inc (UHS)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,816,290 | 2,811,350 | 2,537,340 | 2,263,560 | 3,281,870 |
| Total current liabilities | US$ in thousands | 2,210,410 | 2,013,350 | 1,914,420 | 1,984,110 | 2,481,040 |
| Current ratio | 1.27 | 1.40 | 1.33 | 1.14 | 1.32 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,816,290K ÷ $2,210,410K
= 1.27
The current ratio of Universal Health Services Inc has fluctuated over the past five years. Starting at 1.32 on December 31, 2020, it decreased to 1.14 by the end of 2021, indicating a potential liquidity concern. However, the ratio improved in the subsequent years, reaching 1.33 in 2022, 1.40 in 2023, and then slightly decreasing to 1.27 by the end of 2024. Overall, the company has generally maintained a current ratio above 1, suggesting that it has been able to meet its short-term obligations with its current assets over the period under review.
Peer comparison
Dec 31, 2024
Company name
Symbol
Current ratio
Universal Health Services Inc
UHS
1.27
HCA Holdings Inc
HCA
1.08
Tenet Healthcare Corporation
THC
1.78