Constellation Energy Corp (CEG)
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 | 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 | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($3,022,000K
+ $—K
+ $—K)
÷ $6,846,000K
= 0.44
The quick ratio of Constellation Energy Corp has fluctuated over the periods provided in the dataset, indicating varying levels of liquidity. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets.
From March 31, 2020, to March 31, 2024, the quick ratio ranged from a low of 0.04 to a high of 0.36. There were instances where the quick ratio fell below 1, suggesting potential difficulties in meeting short-term obligations with liquid assets alone.
Notably, there were significant fluctuations in the quick ratio, with some periods showing improvement, such as reaching 0.65 on September 30, 2024, indicating stronger liquidity position. However, the quick ratio dropped to -1.75 on December 31, 2022, which may raise concerns about the company's ability to cover immediate liabilities with its current liquid assets.
Overall, the trend in Constellation Energy Corp's quick ratio demonstrates variability in liquidity levels, indicating the need for a closer examination of the company's financial position and management of its current assets.
Peer comparison
Dec 31, 2024