Healthcare Services Group, Inc.

Healthcare Services Group, Inc.verified

HCSG

Price:

$11.26

Market Cap:

$826.29M

Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary. The Housekeeping segment engages in the cleaning, disinfecting, and sanitizing of resident rooms and common areas of the client's facility, as well as laundering and processing of the bed linens, uniforms, resident personal clothing, and other assorted linen items utilized at a client's facility. The Dietary segment provides food purchasing, meal preparat...[Read more]

Industry

Medical - Care Facilities

IPO Date

1983-11-29

Stock Exchange

NASDAQ

Ticker

HCSG

The Current Ratio as of September 2024 (TTM) for Healthcare Services Group, Inc. (HCSG) is 2.74

According to Healthcare Services Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.74. This represents a change of -0.36% compared to the average of 2.75 of the last 4 quarters.

Healthcare Services Group, Inc. (HCSG) Historical Current Ratio (quarterly & annually)

How has HCSG Current Ratio performed in the past?

The mean historical Current Ratio of Healthcare Services Group, Inc. over the last ten years is 3.21. The current 2.74 Current Ratio has changed 8.43% with respect to the historical average. Over the past ten years (40 quarters), HCSG's Current Ratio was at its highest in in the December 2016 quarter at 4.11. The Current Ratio was at its lowest in in the December 2023 quarter at 2.64.

Quarterly (TTM)
Annual

Average

3.21

Median

2.99

Minimum

2.64

Maximum

4.11

Healthcare Services Group, Inc. (HCSG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Healthcare Services Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 34.20%

Maximum Annual Current Ratio = 4.11

Minimum Annual Increase = -30.33%

Minimum Annual Current Ratio = 2.64

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.64-7.45%
20222.85-0.39%
20212.86-18.96%
20203.531.68%
20193.4711.56%
20183.118.60%
20172.86-30.33%
20164.117.90%
20153.8134.20%
20142.84-9.02%

Healthcare Services Group, Inc. (HCSG) Average Current Ratio

How has HCSG Current Ratio performed in the past?

The current Current Ratio of Healthcare Services Group, Inc. (HCSG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.78

5-year avg

3.07

10-year avg

3.21

Healthcare Services Group, Inc. (HCSG) Current Ratio vs. Peers

How is HCSG’s Current Ratio compared to its peers?

Healthcare Services Group, Inc.’s Current Ratio is less than The Pennant Group, Inc. (0), greater than Surgery Partners, Inc. (1.12), greater than The Ensign Group, Inc. (1.83), greater than Encompass Health Corporation (1.53), greater than Enhabit, Inc. (1.35), greater than InnovAge Holding Corp. (1.48), greater than National HealthCare Corporation (1.25), greater than Acadia Healthcare Company, Inc. (2.06), greater than Select Medical Holdings Corporation (1.18), greater than Addus HomeCare Corporation (1.09), greater than ModivCare Inc. (2.00), greater than null (0.79),

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Frequently asked questions❓

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