Constellation Energy Corp (CEG)
Current ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 8,299,000 | 9,902,000 | 7,575,000 | 8,108,000 | 9,360,000 | 9,853,000 | 8,090,000 | 8,767,000 | 7,981,000 |
| Total current liabilities | US$ in thousands | 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 |
| Current ratio | 1.31 | 1.88 | 1.45 | 1.36 | 1.19 | 1.25 | 1.38 | 1.36 | 1.00 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $8,299,000K ÷ $6,319,000K
= 1.31
The current ratio of Constellation Energy Corporation has been fluctuating over the past five quarters. In Q3 2023, the current ratio was at its highest at 1.88, indicating a strong ability to cover short-term obligations with current assets. This was followed by a decrease in Q4 2023 to 1.31, which suggests a potential liquidity strain as current assets may not be sufficient to cover current liabilities. While the current ratio improved in Q2 2023 to 1.45, it remained below the Q3 2023 peak. Overall, the current ratio has shown some variability, with Q1 2023 and Q4 2022 indicating moderate liquidity levels. It would be important for Constellation Energy Corporation to continue monitoring and managing its liquidity position to ensure stability and meet short-term obligations effectively.
Peer comparison
Dec 31, 2023