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Molina Healthcare Inc   (MOH)
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Molina Healthcare Inc 's Working Capital Ratio

MOH's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Molina Healthcare Inc 's Current Assets grew by 0.59 % in the IV Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Molina Healthcare Inc 's Working Capital Ratio to 1.54, Working Capital Ratio remained below Molina Healthcare Inc average.

Within Accident & Health Insurance industry 3 other companies have achieved higher Working Capital Ratio than Molina Healthcare Inc in forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 282 to 1540.

Explain Working Capital Ratio
How much in Current Assets MOH´s has?
What is the value of MOH´s Current Liabilities?


MOH Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 19.15 % 17.26 % 4.32 % 8.14 % -2.72 %
Y / Y Current Assets Change 24.38 % 18.83 % 10.73 % 9.98 % 0.2 %
Working Capital Ratio MRQ 1.54 1.47 1.52 1.47 1.47
MOH's Total Ranking # 1540 # 282 # 2752 # 258 # 478
Seq. Current Liabilities Change -3.82 % 12.67 % -1.01 % 11.07 % -5.34 %
Seq. Current Assets Change 0.59 % 8.98 % 2.53 % 10.66 % -3.89 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Accident & Health Insurance Industry # 4
Financial Sector # 175
Overall Market # 1540


Working Capital Ratio Statistics
High Average Low
2.25 1.64 1.34
(Mar 31 2017)   (Jun 30 2014)




Financial Statements
Molina Healthcare Inc 's Current Liabilities $ 8,168 Millions Visit MOH's Balance sheet
Molina Healthcare Inc 's Current Assets $ 12,542 Millions Visit MOH's Balance sheet
Source of MOH's Sales Visit MOH's Sales by Geography


Cumulative Molina Healthcare Inc 's Working Capital Ratio

MOH's Working Capital Ratio for the trailling 12 Months

MOH Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 19.15 % 17.26 % 4.32 % 8.14 % -2.72 %
Y / Y Current Assets TTM Growth 24.38 % 18.83 % 10.73 % 9.98 % 0.2 %
Working Capital Ratio TTM 1.5 1.48 1.48 1.45 1.45
Total Ranking TTM # 2223 # 3290 # 4068 # 462 # 1092
Seq. Current Liabilities TTM Growth -3.82 % 12.67 % -1.01 % 11.07 % -5.34 %
Seq. Current Assets TTM Growth 0.59 % 8.98 % 2.53 % 10.66 % -3.89 %


On the trailing twelve months basis MOH Current Assets grew by 24.38 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Molina Healthcare Inc 's Working Capital Ratio to 1.5, above MOH average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Accident & Health Insurance industry 7 other companies have achieved higher Working Capital Ratio than Molina Healthcare Inc . While Working Capital Ratio overall ranking has improved so far to 2223, from total ranking during the twelve months ending third quarter 2023 at 3290.

Explain Working Capital Ratio
How much in Current Assets MOH´s has?
What is the value of MOH´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Accident & Health Insurance Industry # 8
Financial Sector # 79
Within the Market # 2223


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.86 1.48 1.29
(Sep 30 2020)   (Dec. 30, 2015)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Accident & Health Insurance Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Aflac Incorporated  2.39 $ 203,683.000  Millions$ 85,375.000  Millions
Clover Health Investments Corp   1.64 $ 427.970  Millions$ 261.115  Millions
Trupanion Inc   1.63 $ 562.089  Millions$ 344.474  Millions
Humana Inc   1.59 $ 29,986.000  Millions$ 18,872.000  Millions
Molina Healthcare Inc   1.54 $ 12,542.000  Millions$ 8,168.000  Millions
Oscar Health Inc   1.26 $ 3,061.100  Millions$ 2,429.012  Millions
Centene Corporation  1.11 $ 40,756.000  Millions$ 36,716.000  Millions
Unum Group  0.98 $ 45,095.900  Millions$ 45,867.100  Millions
Unitedhealth Group Incorporated  0.79 $ 78,437.000  Millions$ 99,054.000  Millions
The Cigna Group  0.77 $ 37,351.000  Millions$ 48,716.000  Millions
Principal Financial Group inc  0.64 $ 30,494.800  Millions$ 47,816.300  Millions

Date modified: 2024-02-14T09:23:04+00:00



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