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.