Universal Health Services Inc (UHS)
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 | 2,816,290 | 2,801,960 | 2,740,690 | 2,870,930 | 2,811,350 | 2,753,000 | 2,624,710 | 2,559,100 | 2,537,340 | 2,456,560 | 2,436,220 | 2,301,900 | 2,263,560 | 2,343,300 | 2,365,300 | 2,784,160 | 3,281,870 | 2,995,160 | 2,296,790 | 1,834,350 |
| 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 |
| Current ratio | 1.27 | 1.39 | 1.28 | 1.38 | 1.40 | 1.38 | 1.29 | 1.37 | 1.33 | 1.27 | 1.22 | 1.07 | 1.14 | 1.19 | 1.20 | 1.24 | 1.32 | 1.12 | 1.02 | 1.09 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,816,290K ÷ $2,210,410K
= 1.27
Universal Health Services Inc's current ratio has fluctuated over the past five years, ranging from a low of 1.02 to a high of 1.40. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets.
The current ratio was below 1.2 at multiple points in the last five years, indicating that the company may have faced challenges in meeting its short-term obligations with its current assets. However, the current ratio improved towards the later years, reaching above 1.2 and even exceeding 1.3 in some quarters.
Overall, Universal Health Services Inc's current ratio appears to have shown some volatility but generally remained above 1, suggesting that the company has generally been able to meet its short-term obligations with its current assets. Further analysis of the company's liquidity position and working capital management would provide a more comprehensive understanding of its financial health.
Peer comparison
Dec 31, 2024