Dominion Energy Inc (D)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 6,613,000 | 7,991,000 | 10,752,000 | 16,189,000 | 25,387,000 | 24,679,000 | 7,977,000 | 9,605,000 | 9,850,000 | 8,699,000 | 11,388,000 | 8,383,000 | 7,269,000 | 9,298,000 | 6,923,000 | 6,662,000 | 6,886,000 | 19,829,000 | 6,124,000 | 6,536,000 |
| Total current liabilities | US$ in thousands | 9,289,000 | 10,832,000 | 11,506,000 | 15,418,000 | 24,476,000 | 21,633,000 | 13,986,000 | 12,762,000 | 13,450,000 | 12,172,000 | 13,166,000 | 10,581,000 | 8,673,000 | 13,223,000 | 11,676,000 | 11,836,000 | 10,843,000 | 17,560,000 | 9,537,000 | 10,448,000 |
| Current ratio | 0.71 | 0.74 | 0.93 | 1.05 | 1.04 | 1.14 | 0.57 | 0.75 | 0.73 | 0.71 | 0.86 | 0.79 | 0.84 | 0.70 | 0.59 | 0.56 | 0.64 | 1.13 | 0.64 | 0.63 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $6,613,000K ÷ $9,289,000K
= 0.71
The current ratio of Dominion Energy Inc has exhibited some fluctuations over the past few years. From March 31, 2020, to December 31, 2024, the current ratio has ranged from a low of 0.56 to a high of 1.14. The current ratio measures the company's ability to cover its short-term liabilities with its current assets.
In analyzing the trend, we find that the current ratio has generally shown an increase from the low point in March 31, 2021. There was a significant improvement in the current ratio from September 30, 2020, to March 31, 2021, signaling a stronger ability to meet short-term obligations.
However, a decline was observed from March 31, 2022, to June 30, 2023. This reduction may indicate potential liquidity challenges or changes in the composition of current assets and liabilities during that period.
From September 30, 2023, to December 31, 2024, the current ratio rebounded to levels above 1.0, indicating a healthier liquidity position. This improvement suggests that Dominion Energy Inc may have strengthened its ability to manage short-term obligations more effectively.
Overall, while there have been fluctuations in Dominion Energy Inc's current ratio, the company appears to have managed its liquidity well, with the ratio staying mostly within acceptable ranges over the analyzed period.
Peer comparison
Dec 31, 2024