Peabody Energy Corp (BTU)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,780,700 | 2,019,700 | 2,372,500 | 1,801,700 | 1,420,300 |
| Total current liabilities | US$ in thousands | 827,500 | 979,000 | 918,700 | 914,500 | 771,200 |
| Current ratio | 2.15 | 2.06 | 2.58 | 1.97 | 1.84 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,780,700K ÷ $827,500K
= 2.15
Peabody Energy Corp's current ratio has shown a consistent upward trend over the past five years, increasing from 1.84 in December 2020 to 2.15 in December 2024. This indicates that the company's current assets have been increasing relative to its current liabilities, suggesting a strengthened liquidity position. A current ratio above 1 signifies that Peabody Energy Corp is able to cover its short-term obligations with its current assets, with a higher current ratio providing a greater buffer for potential financial challenges or uncertainties. The current ratio of 2.15 as of December 31, 2024, reflects a healthy liquidity position for the company, indicating its ability to meet its short-term liabilities comfortably.
Peer comparison
Dec 31, 2024