Antero Resources Corp (AR)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | — | — | -3,446,490 | -3,420,460 | -2,614,810 |
| Short-term investments | US$ in thousands | — | -5,570 | — | — | 0 |
| Total current liabilities | US$ in thousands | 1,445,930 | 1,452,090 | 1,774,910 | 2,068,120 | 983,054 |
| Cash ratio | 0.00 | -0.00 | -1.94 | -1.65 | -2.66 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K
+ $—K)
÷ $1,445,930K
= 0.00
The cash ratio of Antero Resources Corp has shown fluctuating trends over the years, with a noticeable improvement from -2.66 in December 2020 to -1.65 in December 2021. However, the ratio deteriorated slightly to -1.94 in December 2022. Interestingly, by December 2023, the cash ratio improved significantly, reaching 0.00, indicating potential positive changes in the company's liquidity position. Moreover, in December 2024, the cash ratio remained stable at 0.00, suggesting that the company was able to maintain a healthy level of cash to cover its current liabilities. Overall, the company's liquidity position seems to have improved over the years, especially with the positive shift in the cash ratio by December 2023.
Peer comparison
Dec 31, 2024