Alpha Metallurgical Resources Inc (AMR)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 481,578 | 268,207 | 301,906 | 81,211 | 139,227 |
| Short-term investments | US$ in thousands | — | 0 | 46,052 | 0 | 47 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 251,109 | 309,930 | 402,625 | 295,929 | 259,054 |
| Quick ratio | 1.92 | 0.87 | 0.86 | 0.27 | 0.54 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($481,578K
+ $—K
+ $—K)
÷ $251,109K
= 1.92
The quick ratio of Alpha Metallurgical Resources Inc shows a fluctuating trend over the years. Starting at 0.54 in December 31, 2020, the ratio decreased significantly to 0.27 in December 31, 2021, indicating a potential liquidity challenge. However, the company improved its quick ratio substantially to 0.86 in December 31, 2022, and further to 0.87 in December 31, 2023, signaling better liquidity management.
By December 31, 2024, the quick ratio surged to 1.92, indicating a strong ability to cover its current liabilities with its most liquid assets. This notable increase in the quick ratio suggests that Alpha Metallurgical Resources Inc has improved its liquidity position and may have sufficient short-term liquidity to meet its current obligations. Overall, the trend in the quick ratio signifies positive liquidity management over the observed period.
Peer comparison
Dec 31, 2024