Atlas Energy Solutions Inc. (AESI)

Cash ratio

Sep 30, 2024 Jun 30, 2024
Cash and cash equivalents US$ in thousands 78,637 104,723
Short-term investments US$ in thousands — —
Total current liabilities US$ in thousands 258,172 239,333
Cash ratio 0.30 0.44

September 30, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($78,637K + $—K) ÷ $258,172K
= 0.30