Universal Health Services Inc (UHS)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($125,983K
+ $—K
+ $—K)
÷ $2,210,410K
= 0.06
The quick ratio measures a company's ability to meet its short-term liabilities with its most liquid assets. A quick ratio of less than 1 indicates that a company may have difficulty meeting its short-term obligations.
Looking at the data provided for Universal Health Services Inc, we can see that the quick ratio fluctuated over the period outlined. The quick ratio started very low at 0.03 on March 31, 2020, indicating a potential liquidity issue. However, it gradually increased to 0.49 on December 31, 2020, showing an improvement in the company's ability to cover its short-term obligations.
Subsequently, the quick ratio declined significantly to 0.05 on March 31, 2022, signaling a potential liquidity challenge. Although there were fluctuations, the quick ratio generally remained relatively low in the range of 0.04 to 0.10 from June 30, 2022, to December 31, 2024.
Overall, Universal Health Services Inc's quick ratio indicates varying degrees of liquidity over the period, with some instances of potential liquidity concerns and improvements. It would be crucial for the company to closely monitor and manage its liquidity position to ensure it can meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024