Alpha Metallurgical Resources Inc (AMR)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 481,578 | 484,560 | 336,148 | 269,386 | 268,207 | 296,059 | 312,400 | 222,507 | 301,906 | 404,430 | 161,732 | 159,455 | 81,211 | 78,283 | 72,337 | 92,236 | 139,227 | 161,434 | 238,438 | 227,056 |
| Short-term investments | US$ in thousands | — | -121,077 | — | — | 0 | 6,736 | 7,001 | 6,602 | 46,052 | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick ratio | 1.92 | 1.19 | 1.09 | 0.79 | 0.87 | 0.96 | 1.08 | 0.72 | 0.86 | 1.18 | 0.47 | 0.44 | 0.27 | 0.27 | 0.23 | 0.32 | 0.54 | 0.55 | 0.82 | 0.75 |
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 indicates the company's ability to meet its short-term obligations with its most liquid assets. Looking at the data provided, we can observe fluctuations in the quick ratio over time.
In March 2020, the quick ratio was 0.75, which means for every dollar of current liabilities, the company had $0.75 in quick assets. The ratio increased to 0.82 in June 2020 but then declined significantly to 0.55 by September 2020. This sharp decrease may have indicated potential liquidity concerns during that period.
Throughout the following quarters, the quick ratio continued to fluctuate, reaching its lowest point of 0.23 in June 2021. This suggests that the company may have had difficulty meeting its short-term obligations with its quick assets at that time.
However, there was a notable improvement in the quick ratio starting from September 2021, with the ratio gradually increasing to 1.92 by December 2024. A quick ratio above 1 indicates that the company has more than enough quick assets to cover its current liabilities, which reflects a healthy liquidity position.
Overall, it is important for Alpha Metallurgical Resources Inc to closely monitor its quick ratio to ensure it maintains sufficient liquidity to meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024