Antero Midstream Partners LP (AM)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | — | 66 | — | — | 640 |
| Short-term investments | US$ in thousands | — | — | — | — | 722,478 |
| Total current liabilities | US$ in thousands | 100,612 | 96,417 | 102,077 | 114,009 | 94,005 |
| Cash ratio | 0.00 | 0.00 | 0.00 | 0.00 | 7.69 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K
+ $—K)
÷ $100,612K
= 0.00
The cash ratio of Antero Midstream Partners LP has shown a significant decline from 7.69 in December 2020 to 0.00 in the subsequent years of 2021, 2022, 2023, and 2024. A cash ratio of 0.00 indicates that the company's cash and cash equivalents are insufficient to cover its current liabilities, raising concerns about its liquidity position. This sharp decrease in the cash ratio may suggest that the company is facing challenges in managing its short-term obligations with available cash resources. It is crucial for investors and stakeholders to monitor the company's ability to generate sufficient cash flow or access external funding to meet its immediate financial obligations.
Peer comparison
Dec 31, 2024