Stock Analysis on Net

UnitedHealth Group Inc. (NYSE:UNH)

$24.99

Current Ratio
since 2005

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

UnitedHealth Group Inc., current ratio, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 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), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions


Current Assets
The current assets of the company demonstrated a general upward trend over the analyzed period. Starting at approximately $10.6 billion in 2005, there was a notable increase in subsequent years, with occasional fluctuations such as a slight decline between 2006 and 2008. From 2009 onwards, the current assets consistently grew, reaching around $85.8 billion by 2024. This growth indicates an improvement in the company’s short-term resource base, enhancing its capacity to meet immediate obligations.
Current Liabilities
Current liabilities also exhibited an increasing trend throughout the period. Beginning at about $16.6 billion in 2005, the liabilities rose steadily with few minor variations, reaching approximately $103.8 billion by 2024. The pace of growth in current liabilities outpaced that of current assets in the early years but appeared to moderate in later years. This sustained increase reflects growing short-term obligations, which may be related to expanded operations or increased short-term financing.
Current Ratio
The current ratio ranged from 0.64 to 0.87 in the initial years, signaling limited short-term liquidity relative to current liabilities. The ratio fluctuated moderately throughout the period, typically remaining below 1.0, which suggests that current liabilities consistently exceeded current assets. While there was some improvement in recent years, with the ratio increasing from 0.69 in 2015 to 0.83 in 2024, the ratio did not surpass the critical threshold of 1.0. This pattern indicates that liquidity constraints persisted, although the company showed some progress in strengthening its working capital position.
Overall Analysis
The data reflect a scenario of growing scale in both assets and liabilities, with current liabilities increasing more rapidly than current assets in the early period. The persistent current ratio below 1.0 highlights a potential risk regarding short-term financial flexibility. However, the gradual improvement in the current ratio toward the later years may indicate better management of current liabilities or enhanced asset accumulation. Stakeholders should continue monitoring these metrics to ensure sustainable liquidity levels.

Comparison to Competitors

UnitedHealth Group Inc., current ratio, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 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), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Health Care Equipment & Services)

UnitedHealth Group Inc., current ratio, long-term trends, comparison to sector (health care equipment & services)

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 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), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Industry (Health Care)