Alpha Metallurgical Resources Inc (AMR)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,036,670 | 1,092,960 | 1,095,920 | 1,076,510 | 1,048,300 | 1,048,950 | 1,078,310 | 1,092,490 | 1,114,420 | 1,147,400 | 1,108,680 | 1,014,570 | 747,986 | 571,218 | 534,118 | 525,574 | 510,135 | 586,289 | 687,810 | 799,029 |
| Total current liabilities | US$ in thousands | 251,109 | 304,634 | 308,654 | 341,289 | 309,930 | 315,210 | 295,736 | 316,608 | 402,625 | 341,342 | 345,467 | 360,926 | 295,929 | 292,404 | 311,376 | 289,603 | 259,054 | 292,278 | 291,889 | 303,220 |
| Current ratio | 4.13 | 3.59 | 3.55 | 3.15 | 3.38 | 3.33 | 3.65 | 3.45 | 2.77 | 3.36 | 3.21 | 2.81 | 2.53 | 1.95 | 1.72 | 1.81 | 1.97 | 2.01 | 2.36 | 2.64 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,036,670K ÷ $251,109K
= 4.13
Alpha Metallurgical Resources Inc's current ratio has shown fluctuations over the past few years, ranging from a low of 1.72 on June 30, 2021, to a high of 4.13 on December 31, 2024. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A current ratio above 1 indicates that the company has more current assets than current liabilities.
The trend in Alpha Metallurgical Resources Inc's current ratio indicates that the company has generally maintained a healthy liquidity position, with the ratio consistently above 1.5 in recent periods. The significant increase in the current ratio from 2021 to 2024, reaching a peak of 4.13 on December 31, 2024, suggests that the company's current assets have increased relative to its current liabilities during this period.
Overall, a current ratio above 2 is considered favorable as it indicates that the company has a comfortable cushion to meet its short-term obligations. However, it is important to note that an excessively high current ratio may also indicate that the company is not efficiently utilizing its current assets. Therefore, Alpha Metallurgical Resources Inc's current ratio trend suggests a strong liquidity position, which is essential for meeting short-term financial obligations and operational needs.
Peer comparison
Dec 31, 2024