Current Ratio
since 2019
Calculation
Shockwave Medical Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 11.76 | = | 1,225,260) | ÷ | 104,205) |
| Dec 31, 2022 | 7.25 | = | 459,263) | ÷ | 63,374) |
| Dec 31, 2021 | 5.54 | = | 285,902) | ÷ | 51,628) |
| Dec 31, 2020 | 9.63 | = | 246,300) | ÷ | 25,581) |
| Dec 31, 2019 | 9.03 | = | 216,697) | ÷ | 24,008) |
Based on: 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).
1 US$ in thousands
Comparison to Competitors
Shockwave Medical Inc., current ratio, long-term trends, comparison to competitors
| Shockwave Medical Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 11.76 | 1.64 | 0.77 | 0.86 | 1.44 | 1.59 | 4.76 | 2.39 | 0.79 |
| Dec 31, 2022 | 7.25 | 1.63 | 0.73 | 0.94 | 1.40 | 1.52 | 4.40 | 1.86 | 0.77 |
| Dec 31, 2021 | 5.54 | 1.85 | 0.83 | 0.88 | 1.47 | 1.62 | 5.08 | 2.65 | 0.79 |
| Dec 31, 2020 | 9.63 | 1.72 | 0.77 | 0.91 | 1.55 | 1.77 | 6.86 | 2.13 | 0.74 |
| Dec 31, 2019 | 9.03 | 1.44 | 0.74 | 0.94 | 1.65 | 1.82 | 4.53 | 2.59 | 0.69 |
Based on: 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).
Comparison to Sector (Health Care Equipment & Services)
Shockwave Medical Inc., current ratio, long-term trends, comparison to sector (health care equipment & services)
| Shockwave Medical Inc. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2023 | 11.76 | 1.04 |
| Dec 31, 2022 | 7.25 | 1.05 |
| Dec 31, 2021 | 5.54 | 1.09 |
| Dec 31, 2020 | 9.63 | 1.08 |
| Dec 31, 2019 | 9.03 | 1.07 |
Based on: 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).
Comparison to Industry (Health Care)
Shockwave Medical Inc., current ratio, long-term trends, comparison to industry (health care)
| Shockwave Medical Inc. | Health Care | |
|---|---|---|
| Dec 31, 2023 | 11.76 | 1.13 |
| Dec 31, 2022 | 7.25 | 1.15 |
| Dec 31, 2021 | 5.54 | 1.20 |
| Dec 31, 2020 | 9.63 | 1.20 |
| Dec 31, 2019 | 9.03 | 1.33 |
Based on: 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).