Atlas Energy Solutions Inc. (AESI)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Total current assets | US$ in thousands | 289,418 | 316,513 | 365,156 |
| Total current liabilities | US$ in thousands | 243,065 | 258,172 | 239,333 |
| Current ratio | 1.19 | 1.23 | 1.53 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $289,418K ÷ $243,065K
= 1.19
The current ratio of Atlas Energy Solutions Inc. has shown a gradual decline over the last two quarters, dropping from 1.53 as of June 30, 2024, to 1.23 as of September 30, 2024, and further to 1.19 as of December 31, 2024. This downward trend may indicate potential liquidity concerns as the company may be becoming less able to cover its short-term obligations with its current assets. It is important for investors and stakeholders to monitor this ratio closely to ensure that the company maintains a healthy level of liquidity for its operations.
Peer comparison
Dec 31, 2024
Company name
Symbol
Current ratio
Atlas Energy Solutions Inc.
AESI
1.19
Antero Resources Corp
AR
0.35
APA Corporation
APA
1.08
California Resources Corp
CRC
1.04
Chord Energy Corp
CHRD
1.22
Civitas Resources Inc
CIVI
0.45
CNX Resources Corp
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0.33
Comstock Resources Inc
CRK
0.68
Coterra Energy Inc
CTRA
2.92
Crescent Energy Co
CRGY
0.93
Devon Energy Corporation
DVN
1.04