Antero Resources Corp (AR)

Current 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
Total current assets	US$ in thousands	507,546	368,646	408,990	402,712	475,692	422,419	384,728	437,642	787,525	977,654	1,015,500	724,776	686,119	708,853	550,440	586,307	574,139	521,782	842,277	1,120,020
Total current liabilities	US$ in thousands	1,445,930	1,323,960	1,406,010	1,382,900	1,452,090	1,461,050	1,506,860	1,497,540	1,774,910	2,544,020	2,475,400	2,551,050	2,068,120	2,802,680	1,883,100	1,221,330	983,054	1,035,380	864,240	971,874
Current ratio		0.35	0.28	0.29	0.29	0.33	0.29	0.26	0.29	0.44	0.38	0.41	0.28	0.33	0.25	0.29	0.48	0.58	0.50	0.97	1.15

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 fluctuated over the past few years, reflecting changes in its liquidity position. The current ratio measures the company's ability to cover its short-term liabilities with its current assets.

From March 31, 2020, to September 30, 2021, the current ratio gradually decreased from 1.15 to 0.25, indicating a declining ability to meet short-term obligations. This may signal potential liquidity issues. However, from December 31, 2021, to June 30, 2022, there was a slight improvement in the current ratio, which suggests some stabilization.

Although the ratio fluctuated between 0.26 and 0.44 from March 31, 2023, to December 31, 2024, it generally remained below 1.0. This indicates that the company may be relying more on short-term borrowings to meet its current liabilities, which could pose risks if the company faces financial challenges or unexpected cash flow disruptions.

Overall, based on the current ratio trend, Antero Resources Corp appears to have faced some liquidity challenges in recent years, and investors and analysts may want to further investigate the company's working capital management and financial health.