USANA Health Sciences Inc (USNA)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 279,187 | 451,191 | 419,081 | 421,070 | 417,746 | 390,460 | 387,646 | 395,878 | 384,382 | 341,154 | 342,004 | 363,785 | 365,117 | 368,425 | 381,506 | 373,180 | 425,286 | 386,032 | 324,949 | 286,763 |
| Total current liabilities | US$ in thousands | 139,625 | 114,779 | 103,896 | 112,631 | 118,845 | 112,559 | 113,839 | 130,222 | 143,833 | 125,846 | 133,594 | 157,967 | 160,790 | 157,964 | 153,000 | 151,452 | 168,073 | 160,863 | 139,717 | 124,504 |
| Current ratio | 2.00 | 3.93 | 4.03 | 3.74 | 3.52 | 3.47 | 3.41 | 3.04 | 2.67 | 2.71 | 2.56 | 2.30 | 2.27 | 2.33 | 2.49 | 2.46 | 2.53 | 2.40 | 2.33 | 2.30 |
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 exhibited fluctuations over the past few years. The company's current ratio was consistently above 2 in the period from March 2020 to June 2022, indicating a strong ability to cover its short-term obligations with its current assets. However, there was a slight decline in the current ratio in the subsequent quarters of September and December 2022, followed by a significant increase in the first half of 2023.
By March 2024, the current ratio reached its highest point of 3.74, suggesting an improved liquidity position and a stronger ability to meet current liabilities using current assets. However, the current ratio declined in the following quarters of June and September 2024, possibly indicating changes in the composition of current assets or liabilities.
Overall, the trend in USANA Health Sciences Inc's current ratio shows variability but generally indicates a relatively healthy liquidity position throughout the period under consideration. It is essential for stakeholders to continue monitoring the company's current ratio to assess its short-term liquidity and financial strength.