Antero Midstream Partners LP (AM)
Current ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total current assets | US$ in thousands | 118,064 | 91,128 | 88,993 | 83,804 | 93,931 |
Total current liabilities | US$ in thousands | 100,612 | 96,417 | 102,077 | 114,009 | 94,005 |
Current ratio | 1.17 | 0.95 | 0.87 | 0.74 | 1.00 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $118,064K ÷ $100,612K
= 1.17
The current ratio of Antero Midstream Partners LP has displayed some fluctuation over the past five years. Starting at 1.00 in December 2020, the ratio decreased to 0.74 by December 2021, indicating a potential liquidity concern. However, the ratio improved to 0.87 by December 2022 and further increased to 0.95 by December 2023, hinting at better short-term liquidity management. Finally, by December 2024, the current ratio reached 1.17, surpassing the ideal threshold of 1.00. Overall, despite some variability, the current ratio of Antero Midstream Partners LP has generally shown improvement over the five-year period, suggesting enhanced ability to cover short-term obligations with current assets.
Peer comparison
Dec 31, 2024