USANA Health Sciences Inc (USNA)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 279,187 | 417,746 | 384,382 | 365,117 | 425,286 |
| Total current liabilities | US$ in thousands | 139,625 | 118,845 | 143,833 | 160,790 | 168,073 |
| Current ratio | 2.00 | 3.52 | 2.67 | 2.27 | 2.53 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $279,187K ÷ $139,625K
= 2.00
The current ratio of USANA Health Sciences Inc has shown variability over the past five years. It was 2.53 at December 31, 2020, indicating the company had $2.53 in current assets for every $1 of current liabilities. The ratio decreased to 2.27 by December 31, 2021, reflecting a slight decrease in liquidity.
However, in the following years, the current ratio improved significantly. By December 31, 2022, the ratio increased to 2.67, indicating that the company's liquidity position strengthened. This trend continued with a notable increase to 3.52 by December 31, 2023, signaling a substantial improvement in the company's ability to cover its short-term obligations.
Despite this positive trend, there was a decline in the current ratio to 2.00 at December 31, 2024. While still above 1, suggesting the company had more current assets than current liabilities, this decrease might indicate a slight deterioration in liquidity compared to the previous year.
Overall, the company's current ratio has displayed fluctuations, but generally stayed above the desirable threshold of 2, indicating USANA Health Sciences Inc has maintained a strong liquidity position over the years analyzed.