UnitedHealth Group Incorporated (UNH)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 85,779,000 | 78,437,000 | 69,069,000 | 61,758,000 | 53,718,000 |
| Total current liabilities | US$ in thousands | 103,769,000 | 99,054,000 | 89,237,000 | 78,292,000 | 72,420,000 |
| Current ratio | 0.83 | 0.79 | 0.77 | 0.79 | 0.74 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $85,779,000K ÷ $103,769,000K
= 0.83
The current ratio of UnitedHealth Group Incorporated has shown improvement over the past five years. As of December 31, 2020, the current ratio stood at 0.74, indicating that the company had $0.74 in current assets to cover every $1 in current liabilities.
Subsequently, there was a gradual increase in the current ratio to 0.79 by December 31, 2021, 0.77 by December 31, 2022, 0.79 by December 31, 2023, and 0.83 by December 31, 2024.
This upward trend in the current ratio suggests an improvement in the company's short-term liquidity and its ability to meet its current obligations with its current assets. However, it is worth noting that a current ratio below 1 may indicate a potential liquidity risk, and UnitedHealth Group should continue to monitor and manage its liquidity position effectively.
Peer comparison
Dec 31, 2024