UnitedHealth Group Incorporated (UNH)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	78,437,000	91,905,000	89,869,000	93,895,000	69,069,000	82,937,000	68,356,000	69,029,000	61,758,000	61,610,000	58,916,000	59,508,000	53,718,000	54,821,000	58,918,000	58,807,000	42,634,000	43,541,000	42,038,000	42,815,000
Total current liabilities	US$ in thousands	99,054,000	114,179,000	112,981,000	116,482,000	89,237,000	100,935,000	88,698,000	88,170,000	78,292,000	79,575,000	76,557,000	80,641,000	72,420,000	66,597,000	69,883,000	78,606,000	61,782,000	62,641,000	62,328,000	58,933,000
Current ratio		0.79	0.80	0.80	0.81	0.77	0.82	0.77	0.78	0.79	0.77	0.77	0.74	0.74	0.82	0.84	0.75	0.69	0.70	0.67	0.73

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $78,437,000K ÷ $99,054,000K
= 0.79

The current ratio of Unitedhealth Group Inc has been fluctuating over the past eight quarters, ranging from 0.77 to 0.82. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A higher current ratio indicates a stronger liquidity position, as it means the company has more current assets available to cover its current liabilities.

The trend in Unitedhealth Group Inc's current ratio shows some variability, with slight decreases and increases in different quarters. The current ratio of 0.79 in Q4 2023 indicates that the company may have slightly less current assets to cover its current liabilities compared to the previous quarter. However, it is still relatively close to the ratios observed in the past quarters.

Overall, while the fluctuating trend in the current ratio may suggest some variability in the company's short-term liquidity position, Unitedhealth Group Inc generally maintains a current ratio within a moderate range, reflecting a reasonable ability to meet its short-term obligations with its current assets.