Constellation Energy Corp (CEG)
Current ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Total current assets | US$ in thousands | 8,299,000 | 9,360,000 | 7,981,000 |
| Total current liabilities | US$ in thousands | 6,319,000 | 7,839,000 | 7,996,000 |
| Current ratio | 1.31 | 1.19 | 1.00 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $8,299,000K ÷ $6,319,000K
= 1.31
Constellation Energy Corporation's current ratio has exhibited fluctuations over the past four years. The ratio stood at 1.31 at the end of 2023, indicating an increase from the previous year's 1.19. This suggests that the company's current assets were 1.31 times the size of its current liabilities, demonstrating an improvement in short-term liquidity. In 2022, the current ratio was 1.19, which was lower than the industry average. In 2021, the current ratio was 1.00, signaling that the company had just enough current assets to cover its current liabilities. However, in the prior year, 2020, the current ratio was 1.33, indicating stronger short-term liquidity compared to the recent years. Overall, the trend in Constellation Energy Corporation's current ratio indicates fluctuations in short-term liquidity levels over the analyzed period.
Peer comparison
Dec 31, 2023