Peabody Energy Corp (BTU)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 700,400 | 772,900 | 621,700 | 855,700 | 969,300 | 988,500 | 1,080,500 | 892,200 | 1,307,300 | 1,354,500 | 1,120,700 | 823,300 | 954,300 | 587,000 | 548,300 | 580,200 | 709,200 | 814,600 | 848,500 | 682,500 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 132,000 | 142,000 | 140,000 | 122,000 | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 827,500 | 778,600 | 743,200 | 805,000 | 979,000 | 839,500 | 905,100 | 866,400 | 918,700 | 1,318,100 | 984,300 | 817,300 | 914,500 | 821,200 | 805,000 | 791,000 | 771,200 | 2,374,400 | 799,800 | 806,000 |
| Quick ratio | 0.85 | 0.99 | 0.84 | 1.06 | 0.99 | 1.18 | 1.19 | 1.03 | 1.42 | 1.03 | 1.14 | 1.01 | 1.04 | 0.71 | 0.85 | 0.91 | 1.10 | 0.39 | 1.06 | 0.85 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($700,400K
+ $—K
+ $—K)
÷ $827,500K
= 0.85
The quick ratio of Peabody Energy Corp has shown fluctuations over the reporting periods, ranging from 0.39 to 1.42. The quick ratio measures the company's ability to cover its short-term liabilities with its most liquid assets. A quick ratio below 1 indicates that the company may have difficulty meeting its short-term obligations.
Peabody Energy's quick ratio has generally been below 1 in recent years, suggesting a potential liquidity risk. However, the ratio has improved in some periods, reaching as high as 1.42 by December 31, 2022. This indicates a stronger ability to meet short-term obligations using liquid assets.
Investors and creditors should closely monitor Peabody Energy's quick ratio to assess its liquidity position and ability to manage short-term financial commitments effectively. Further analysis of the company's cash flow and working capital management may provide additional insights into its overall financial health.
Peer comparison
Dec 31, 2024