Calculation
Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
---|---|---|---|---|---|
Dec 31, 2023 | 1.64 | = | 22,670) | ÷ | 13,841) |
Dec 31, 2022 | 1.63 | = | 25,224) | ÷ | 15,489) |
Dec 31, 2021 | 1.85 | = | 24,239) | ÷ | 13,105) |
Dec 31, 2020 | 1.72 | = | 20,441) | ÷ | 11,907) |
Dec 31, 2019 | 1.44 | = | 15,667) | ÷ | 10,863) |
Dec 31, 2018 | 1.62 | = | 14,632) | ÷ | 9,012) |
Dec 31, 2017 | 2.26 | = | 20,147) | ÷ | 8,912) |
Dec 31, 2016 | 4.02 | = | 26,776) | ÷ | 6,660) |
Dec 31, 2015 | 1.54 | = | 14,155) | ÷ | 9,186) |
Dec 31, 2014 | 1.45 | = | 15,261) | ÷ | 10,532) |
Dec 31, 2013 | 2.02 | = | 19,247) | ÷ | 9,507) |
Dec 31, 2012 | 2.36 | = | 31,323) | ÷ | 13,280) |
Dec 31, 2011 | 1.54 | = | 23,769) | ÷ | 15,480) |
Dec 31, 2010 | 1.29 | = | 22,318) | ÷ | 17,262) |
Dec 31, 2009 | 1.79 | = | 23,314) | ÷ | 13,049) |
Dec 31, 2008 | 1.47 | = | 17,043) | ÷ | 11,592) |
Dec 31, 2007 | 1.54 | = | 14,043) | ÷ | 9,103) |
Dec 31, 2006 | 0.94 | = | 11,282) | ÷ | 11,951) |
Dec 31, 2005 | 1.54 | = | 11,386) | ÷ | 7,416) |
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), 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
Comparison to Competitors
Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
---|---|---|---|---|---|---|---|---|
Dec 31, 2023 | 1.64 | 0.77 | 0.86 | 1.44 | 1.59 | 4.76 | 2.39 | 0.79 |
Dec 31, 2022 | 1.63 | 0.73 | 0.94 | 1.40 | 1.52 | 4.40 | 1.86 | 0.77 |
Dec 31, 2021 | 1.85 | 0.83 | 0.88 | 1.47 | 1.62 | 5.08 | 2.65 | 0.79 |
Dec 31, 2020 | 1.72 | 0.77 | 0.91 | 1.55 | 1.77 | 6.86 | 2.13 | 0.74 |
Dec 31, 2019 | 1.44 | 0.74 | 0.94 | 1.65 | 1.82 | 4.53 | 2.59 | 0.69 |
Dec 31, 2018 | 1.62 | 0.64 | 1.03 | 1.56 | 1.68 | 5.28 | 2.28 | 0.73 |
Dec 31, 2017 | 2.26 | 0.85 | 1.02 | 1.55 | 1.85 | 3.99 | 1.75 | 0.73 |
Dec 31, 2016 | 4.02 | — | 1.18 | 1.61 | 2.07 | 5.45 | 3.29 | 0.69 |
Dec 31, 2015 | 1.54 | — | 1.31 | 1.62 | 1.93 | 4.46 | 3.36 | 0.74 |
Dec 31, 2014 | 1.45 | — | 1.37 | 1.72 | 2.00 | 3.69 | 3.82 | 0.77 |
Dec 31, 2013 | 2.02 | — | 1.64 | 1.82 | 1.95 | 5.07 | 4.57 | 0.73 |
Dec 31, 2012 | 2.36 | — | 1.44 | 1.78 | 1.84 | 4.71 | 1.62 | 0.78 |
Dec 31, 2011 | 1.54 | — | 1.56 | 1.71 | 1.85 | 4.57 | 1.93 | 0.85 |
Dec 31, 2010 | 1.29 | — | 1.60 | 1.87 | 1.76 | 4.66 | 1.92 | 0.78 |
Dec 31, 2009 | 1.79 | — | 1.43 | 1.91 | 1.76 | 4.18 | 2.37 | 0.82 |
Dec 31, 2008 | 1.47 | — | 1.23 | 0.81 | 1.62 | 4.28 | 2.07 | 0.76 |
Dec 31, 2007 | 1.54 | — | 1.31 | 0.91 | 1.51 | 4.63 | 3.09 | 0.84 |
Dec 31, 2006 | 0.94 | — | 1.48 | 0.77 | 1.41 | 4.64 | 2.36 | 0.87 |
Dec 31, 2005 | 1.54 | — | 1.83 | 1.75 | 1.31 | 3.60 | 2.20 | 0.64 |
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), 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)
Abbott Laboratories, current ratio, long-term trends, comparison to sector (health care equipment & services)
Abbott Laboratories | Health Care Equipment & Services | |
---|---|---|
Dec 31, 2023 | 1.64 | 1.04 |
Dec 31, 2022 | 1.63 | 1.05 |
Dec 31, 2021 | 1.85 | 1.09 |
Dec 31, 2020 | 1.72 | 1.08 |
Dec 31, 2019 | 1.44 | 1.07 |
Dec 31, 2018 | 1.62 | 1.09 |
Dec 31, 2017 | 2.26 | 1.20 |
Dec 31, 2016 | 4.02 | 1.42 |
Dec 31, 2015 | 1.54 | 1.39 |
Dec 31, 2014 | 1.45 | 1.46 |
Dec 31, 2013 | 2.02 | 1.59 |
Dec 31, 2012 | 2.36 | 1.50 |
Dec 31, 2011 | 1.54 | 1.43 |
Dec 31, 2010 | 1.29 | 1.37 |
Dec 31, 2009 | 1.79 | 1.48 |
Dec 31, 2008 | 1.47 | 1.12 |
Dec 31, 2007 | 1.54 | 1.21 |
Dec 31, 2006 | 0.94 | 1.08 |
Dec 31, 2005 | 1.54 | 1.36 |
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), 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)
Abbott Laboratories | Health Care | |
---|---|---|
Dec 31, 2023 | 1.64 | 1.14 |
Dec 31, 2022 | 1.63 | 1.16 |
Dec 31, 2021 | 1.85 | 1.21 |
Dec 31, 2020 | 1.72 | 1.21 |
Dec 31, 2019 | 1.44 | 1.34 |
Dec 31, 2018 | 1.62 | 1.38 |
Dec 31, 2017 | 2.26 | 1.47 |
Dec 31, 2016 | 4.02 | 1.68 |
Dec 31, 2015 | 1.54 | 1.67 |
Dec 31, 2014 | 1.45 | 1.87 |
Dec 31, 2013 | 2.02 | 1.93 |
Dec 31, 2012 | 2.36 | 1.81 |
Dec 31, 2011 | 1.54 | 1.91 |
Dec 31, 2010 | 1.29 | 1.80 |
Dec 31, 2009 | 1.79 | 1.75 |
Dec 31, 2008 | 1.47 | 1.42 |
Dec 31, 2007 | 1.54 | 1.51 |
Dec 31, 2006 | 0.94 | 1.39 |
Dec 31, 2005 | 1.54 | 1.63 |
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), 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).