UnitedHealth Group Incorporated (UNH)

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	25,312,000	32,400,000	26,286,000	28,414,000	25,427,000	38,915,000	46,279,000	41,913,000	23,365,000	38,845,000	24,612,000	25,482,000	21,375,000	21,085,000	19,832,000	19,955,000	16,921,000	17,550,000	22,327,000	21,569,000
Short-term investments	US$ in thousands	3,801,000	4,734,000	5,037,000	4,296,000	4,201,000	5,182,000	46,279,000	4,584,000	4,546,000	3,682,000	3,352,000	2,914,000	2,532,000	2,786,000	2,729,000	2,962,000	2,860,000	3,259,000	3,266,000	2,876,000
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	US$ in thousands	103,769,000	101,565,000	104,670,000	104,431,000	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
Quick ratio		0.28	0.37	0.30	0.31	0.30	0.39	0.82	0.40	0.31	0.42	0.32	0.32	0.31	0.30	0.29	0.28	0.27	0.31	0.37	0.31

December 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($25,312,000K + $3,801,000K + $—K) ÷ $103,769,000K
= 0.28

The quick ratio of UnitedHealth Group Incorporated has fluctuated over the period from March 31, 2020, to December 31, 2024. The quick ratio calculates the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio below 1 indicates the company may have difficulty meeting its short-term liabilities.

- The quick ratio ranged from a low of 0.27 on December 31, 2020, to a high of 0.82 on June 30, 2023.
- During the period, the quick ratio remained mostly below 1, suggesting potential liquidity challenges in meeting short-term obligations.
- The quick ratio improved to 0.42 on September 30, 2022, indicating a better ability to cover short-term obligations with liquid assets.
- However, the ratio decreased again to 0.30 on December 31, 2024, signaling a potential decrease in liquidity.

In conclusion, UnitedHealth Group's quick ratio has shown volatility over the period, with some improvements in liquidity but overall highlighting the importance of closely monitoring the company's ability to meet short-term obligations.