Antero Resources Corp (AR)
Current ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total current assets | US$ in thousands | 507,546 | 475,692 | 787,525 | 686,119 | 574,139 |
Total current liabilities | US$ in thousands | 1,445,930 | 1,452,090 | 1,774,910 | 2,068,120 | 983,054 |
Current ratio | 0.35 | 0.33 | 0.44 | 0.33 | 0.58 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $507,546K ÷ $1,445,930K
= 0.35
The current ratio of Antero Resources Corp has been fluctuating over the years, starting at 0.58 in 2020 and declining to 0.33 by the end of 2021. This indicates that the company may face challenges in meeting its short-term obligations with its current assets. Although there was a slight improvement to 0.44 in 2022, the ratio dropped back to 0.33 in 2023 and then 0.35 in 2024. The downward trend suggests a potential liquidity risk, as the company may struggle to cover its short-term liabilities effectively. Antero Resources Corp may need to closely monitor its working capital management to improve its current ratio and enhance its financial stability.
Peer comparison
Dec 31, 2024