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UnitedHealth Group Current Ratio

: 0.79 (As of Dec. 2021)
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. UnitedHealth Group's current ratio for the quarter that ended in Dec. 2021 was 0.79.

UnitedHealth Group has a current ratio of 0.79. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If UnitedHealth Group has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for UnitedHealth Group's Current Ratio or its related term are showing as below:

NYSE:UNH' s Current Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.82   Max: 5.27
Current: 0.79

0.62
5.27

During the past 13 years, UnitedHealth Group's highest Current Ratio was 5.27. The lowest was 0.62. And the median was 0.82.

NYSE:UNH's Current Ratio is ranked lower than
89% of the 18 Companies
in the Healthcare Plans industry.

( Industry Median: 1.36 vs. NYSE:UNH: 0.79 )

UnitedHealth Group Current Ratio Historical Data

The historical data trend for UnitedHealth Group's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

UnitedHealth Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.73 0.69 0.74 0.79

UnitedHealth Group Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.74 0.77 0.77 0.79

Competitive Comparison

For the Healthcare Plans subindustry, UnitedHealth Group's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

UnitedHealth Group Current Ratio Distribution

For the Healthcare Plans industry and Healthcare sector, UnitedHealth Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where UnitedHealth Group's Current Ratio falls into.



UnitedHealth Group Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

UnitedHealth Group's Current Ratio for the fiscal year that ended in Dec. 2021

Current Ratio (A: Dec. 2021 )=Total Current Assets (A: Dec. 2021 )/Total Current Liabilities (A: Dec. 2021 )
=61758/78292
=0.79

UnitedHealth Group's Current Ratio for the quarter that ended in Dec. 2021 is calculated as

Current Ratio (Q: Dec. 2021 )=Total Current Assets (Q: Dec. 2021 )/Total Current Liabilities (Q: Dec. 2021 )
=61758/78292
=0.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


UnitedHealth Group  (NYSE:UNH) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


UnitedHealth Group Current Ratio Related Terms

Thank you for viewing the detailed overview of UnitedHealth Group's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


UnitedHealth Group Business Description

UnitedHealth Group logo
Industry
Healthcare » Healthcare Plans NAICS : 524114 SIC : 6324
Address
9900 Bren Road East, UnitedHealth Group Center, Minnetonka, MN, USA, 55343
UnitedHealth Group is the largest private health insurance provider in the United States, providing medical benefits to 48 million members across its U.S. and international businesses at the end of 2020. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.
Executives
Renwick Glenn M director 6300 WILSON MILLS ROAD MAYFIELD VILLAGE OH 44143
Flynn Timothy Patrick director JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Wilensky Gail R director C/O QUEST DIAGNOSTICS 500 PLAZA DRIVE SECAUCUS NJ 07094
Hooper Michele J director C/O PPG INDUSTRIES, INC. ONE PPG PLACE PITTSBURGH PA 15272
Montgomery Rice Valerie Md director C/O UNITEDHEALTH GROUP 9900 BREN ROAD EAST, MN008-T502 MINNETONKA MN 55343
Hemsley Stephen J director 200 WASHINGTON AVE N SUITE 200 MINNEAPOLIS MN 55401
Burke Richard T director 3962 TOMAHAWK TRAIL MEDINA MN 55340
Mcnabb Frederick William Iii director C/O UNITEDHEALTH GROUP 9900 BREN ROAD EAST, MN-008-T502 MINNETONKA MN 55343
Noseworthy John H director 2000 GALLOPING HILL ROAD KENILWORTH NJ 07033
Rex John F officer: EVP Chief Financial Officer C/O UNITEDHEALTH GROUP 9900 BREN ROAD EAST, MN008-T502 MINNETONKA MN 55343
Lewis Patricia L officer: EVP and Chief HR Officer C/O UNITEDHEALTH GROUP 9900 BREN ROAD EAST, MN008-T502 MINNETONKA MN 55343
Mcmahon Dirk C officer: Chief Executive Officer, UHC C/O UNITEDHEALTH GROUP 9900 BREN ROAD EAST, MN008-T502 MINNETONKA MN 55343
Roos Thomas E officer: Chief Accounting Officer C/O UNITEDHEALTH GROUP 9900 BREN ROAD EAST, MN008-T502 MINNETONKA MN 55343
Short Marianne D officer: EVP & Chief Legal Officer C/O UNITEDHEALTH GROUP 9900 BREN ROAD EAST MINNETONKA MN 55343
Wichmann David S director, officer: Chief Executive Officer UNITEDHEALTH GROUP INC 9900 BREN RD E MINNETONKA MN 55343

UnitedHealth Group Headlines

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