Stock Analysis on Net

Express Scripts Holding Co. (NASDAQ:ESRX)

This company has been moved to the archive! The financial data has not been updated since October 31, 2018.

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

Express Scripts Holding Co., liquidity ratios

Microsoft Excel
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Current ratio 0.67 0.75 0.70 0.62 0.64
Quick ratio 0.52 0.62 0.58 0.46 0.45
Cash ratio 0.13 0.19 0.19 0.11 0.15

Based on: 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Express Scripts Holding Co. current ratio improved from 2015 to 2016 but then deteriorated significantly from 2016 to 2017.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Express Scripts Holding Co. quick ratio improved from 2015 to 2016 but then deteriorated significantly from 2016 to 2017.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Express Scripts Holding Co. cash ratio improved from 2015 to 2016 but then deteriorated significantly from 2016 to 2017.

Current Ratio

Express Scripts Holding Co., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Selected Financial Data (US$ in thousands)
Current assets 11,957,100 12,363,400 12,059,500 10,568,100 8,491,400
Current liabilities 17,846,400 16,428,100 17,155,300 17,016,900 13,235,300
Liquidity Ratio
Current ratio1 0.67 0.75 0.70 0.62 0.64
Benchmarks
Current Ratio, Competitors2
Abbott Laboratories
Cigna Group
CVS Health Corp.
Danaher Corp.
Elevance Health Inc.
Humana Inc.
Intuitive Surgical Inc.
Medtronic PLC
UnitedHealth Group Inc.

Based on: 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).

1 2017 Calculation
Current ratio = Current assets ÷ Current liabilities
= 11,957,100 ÷ 17,846,400 = 0.67

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Express Scripts Holding Co. current ratio improved from 2015 to 2016 but then deteriorated significantly from 2016 to 2017.

Quick Ratio

Express Scripts Holding Co., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 2,309,600 3,077,200 3,186,300 1,832,600 1,991,400
Receivables, net 7,056,300 7,062,100 6,721,300 5,979,800 4,022,900
Total quick assets 9,365,900 10,139,300 9,907,600 7,812,400 6,014,300
 
Current liabilities 17,846,400 16,428,100 17,155,300 17,016,900 13,235,300
Liquidity Ratio
Quick ratio1 0.52 0.62 0.58 0.46 0.45
Benchmarks
Quick Ratio, Competitors2
Abbott Laboratories
Cigna Group
CVS Health Corp.
Danaher Corp.
Elevance Health Inc.
Humana Inc.
Intuitive Surgical Inc.
Medtronic PLC
UnitedHealth Group Inc.

Based on: 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).

1 2017 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 9,365,900 ÷ 17,846,400 = 0.52

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Express Scripts Holding Co. quick ratio improved from 2015 to 2016 but then deteriorated significantly from 2016 to 2017.

Cash Ratio

Express Scripts Holding Co., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 2,309,600 3,077,200 3,186,300 1,832,600 1,991,400
Total cash assets 2,309,600 3,077,200 3,186,300 1,832,600 1,991,400
 
Current liabilities 17,846,400 16,428,100 17,155,300 17,016,900 13,235,300
Liquidity Ratio
Cash ratio1 0.13 0.19 0.19 0.11 0.15
Benchmarks
Cash Ratio, Competitors2
Abbott Laboratories
Cigna Group
CVS Health Corp.
Danaher Corp.
Elevance Health Inc.
Humana Inc.
Intuitive Surgical Inc.
Medtronic PLC
UnitedHealth Group Inc.

Based on: 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).

1 2017 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 2,309,600 ÷ 17,846,400 = 0.13

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Express Scripts Holding Co. cash ratio improved from 2015 to 2016 but then deteriorated significantly from 2016 to 2017.