MGLN
Price:
$94.99
Market Cap:
$0
Magellan Health, Inc., together with its subsidiaries, provides healthcare management services in the United States. The company operates in Healthcare and Pharmacy Management segments. The Healthcare segment offers carve-out management services for behavioral health; employee assistance plans; and other areas of specialty healthcare, including diagnostic imaging, musculoskeletal management, cardiac, and physical medicine. It also contracts with state Medicaid agencies, and the centers for Medicare and Medicaid services to manage care for beneficiaries under Medicaid and Medicare programs, such as healthcare and long-term support services through its network of medical and behavioral health ...[Read more]
Industry
Medical - Healthcare Plans
IPO Date
2004-01-06
Stock Exchange
NASDAQ
Ticker
MGLN
According to Magellan Health, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.92. This represents a change of -3.31% compared to the average of 3.02 of the last 4 quarters.
The mean historical Current Ratio of Magellan Health, Inc. over the last ten years is 1.91. The current 2.92 Current Ratio has changed 15.18% with respect to the historical average. Over the past ten years (40 quarters), MGLN's Current Ratio was at its highest in in the June 2021 quarter at 3.20. The Current Ratio was at its lowest in in the December 2016 quarter at 1.21.
Average
1.91
Median
1.91
Minimum
1.21
Maximum
2.92
Discovering the peaks and valleys of Magellan Health, 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 = 59.05%
Maximum Annual Current Ratio = 2.92
Minimum Annual Increase = -23.95%
Minimum Annual Current Ratio = 1.21
| Year | Current Ratio | Change |
|---|---|---|
| 2020 | 2.92 | 59.05% |
| 2019 | 1.84 | 6.80% |
| 2018 | 1.72 | 3.54% |
| 2017 | 1.66 | 37.71% |
| 2016 | 1.21 | -20.35% |
| 2015 | 1.52 | -23.95% |
| 2014 | 1.99 | -4.06% |
| 2013 | 2.08 | -6.27% |
| 2012 | 2.22 | 11.78% |
| 2011 | 1.98 | -9.89% |
The current Current Ratio of Magellan Health, Inc. (MGLN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.16
5-year avg
1.87
10-year avg
1.91
Magellan Health, Inc.’s Current Ratio is greater than Patterson Companies, Inc. (1.41), greater than Myovant Sciences Ltd. (1.95), greater than Provention Bio, Inc. (1.93), less than Chinook Therapeutics, Inc. (7.59), less than Longboard Pharmaceuticals, Inc. (15.97), less than DICE Therapeutics, Inc. (38.14), less than Deciphera Pharmaceuticals, Inc. (3.80), less than MorphoSys AG (3.08), greater than NuVasive, Inc. (1.21), less than Morphic Holding, Inc. (28.94),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.41 | $2.77B | |
| 1.95 | $2.62B | |
| 1.93 | $2.38B | |
| 7.59 | $2.71B | |
| 15.97 | $2.34B | |
| 38.14 | $2.27B | |
| 3.80 | $2.21B | |
| 3.08 | $2.86B | |
| 1.21 | $2.08B | |
| 28.94 | $2.86B |
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