Constellation Energy Corp (CEG)
Cash 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 and cash equivalents | US$ in thousands | 3,022,000 | 1,793,000 | 383,000 | 645,000 | 454,000 | 1,889,000 | 269,000 | 237,000 | 422,000 | 1,192,000 | 806,000 | 1,605,000 | 504,000 | 1,957,000 | 542,000 | 721,000 | 226,000 | 623,000 | 483,000 | 821,000 |
| Short-term investments | US$ in thousands | — | 1,770,000 | — | — | 14,000 | — | 480,000 | 5,000 | -14,114,000 | 6,000 | 8,000 | 13,000 | 43,000 | 137,000 | 327,000 | 177,000 | 195,000 | — | — | — |
| Total current liabilities | US$ in thousands | 6,846,000 | 5,452,000 | 5,801,000 | 5,922,000 | 6,319,000 | 5,263,000 | 5,225,000 | 5,947,000 | 7,839,000 | 7,887,000 | 5,878,000 | 6,434,000 | 7,996,000 | 7,796,000 | 5,513,000 | 6,298,000 | 5,219,000 | 4,411,000 | 4,838,000 | 6,325,000 |
| Cash ratio | 0.44 | 0.65 | 0.07 | 0.11 | 0.07 | 0.36 | 0.14 | 0.04 | -1.75 | 0.15 | 0.14 | 0.25 | 0.07 | 0.27 | 0.16 | 0.14 | 0.08 | 0.14 | 0.10 | 0.13 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($3,022,000K
+ $—K)
÷ $6,846,000K
= 0.44
The cash ratio of Constellation Energy Corp has varied over the period analyzed. The ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents.
From March 31, 2020, to June 30, 2024, the cash ratio ranged from a low of 0.04 to a high of 0.65, with fluctuations seen in each quarter. Notably, the ratio was above 0.1 for most quarters, indicating that the company generally had sufficient cash on hand to cover its short-term obligations.
However, the ratio took a sharp decline in the last quarter of 2022, falling to -1.75, which suggests the company may have had insufficient cash to cover its short-term liabilities at that time. This could raise concerns about liquidity and financial stability.
Overall, the cash ratio trend indicates fluctuations in the company's liquidity position over the period, with variations in the ability to meet short-term obligations using available cash resources. Monitoring this ratio is important for assessing the company's financial health and ability to manage its short-term obligations effectively.
Peer comparison
Dec 31, 2024