Atmos Energy Corporation (ATO)

Current ratio

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Total current assets	US$ in thousands	1,132,310	885,768	3,047,690	2,838,720	471,258
Total current liabilities	US$ in thousands	1,205,880	1,352,590	3,602,600	3,510,360	782,401
Current ratio		0.94	0.65	0.85	0.81	0.60

September 30, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,132,310K ÷ $1,205,880K
= 0.94

The current ratio of Atmos Energy Corporation has shown fluctuations over the past five years. As of September 30, 2024, the current ratio stands at 0.94, indicating that the company's current assets are slightly higher than its current liabilities. This represents an improvement compared to the previous year where the current ratio was 0.65, indicating a healthier liquidity position.

It is worth noting that in 2023 and 2022, the current ratio was 0.85 and 0.81 respectively, suggesting a relatively weaker liquidity position compared to the latest data. The current ratio was at its lowest point in 2020 at 0.60, indicating a potential liquidity risk as the company's current liabilities were significantly higher than its current assets.

Overall, the trend in the current ratio of Atmos Energy Corporation indicates fluctuations in its liquidity position over the years, with the current ratio improving in the latest period. Monitoring this ratio is crucial to assess the company's ability to meet its short-term obligations with its current assets.