Ameren Corp (AEE)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,110,000 | 2,181,000 | 2,668,000 | 1,968,000 | 1,653,000 |
| Total current liabilities | US$ in thousands | 1,318,000 | 3,345,000 | 3,366,000 | 2,826,000 | 2,180,000 |
| Current ratio | 0.84 | 0.65 | 0.79 | 0.70 | 0.76 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,110,000K ÷ $1,318,000K
= 0.84
The current ratio of Ameren Corp, a measure of its short-term liquidity, has shown fluctuations over the past five years. As of December 31, 2020, the current ratio stood at 0.76, indicating that the company's current assets were sufficient to cover 76% of its current liabilities. By December 31, 2021, the current ratio decreased slightly to 0.70, suggesting a tighter liquidity position. In the following year, the ratio improved to 0.79, signaling a better ability to meet short-term obligations.
However, the trend reversed by December 31, 2023, as the current ratio dropped to 0.65, potentially indicating challenges in managing current liabilities with available assets. As of December 31, 2024, the current ratio increased to 0.84, reflecting a more favorable liquidity position compared to the previous year.
Overall, the fluctuation in Ameren Corp's current ratio over the years indicates varying levels of liquidity and the need for continuous monitoring to ensure the company can meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024