HF Sinclair Corp (DINO)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 5,014,000 | 6,146,450 | 6,748,320 | 3,762,450 | 3,310,760 |
| Total current liabilities | US$ in thousands | 3,043,000 | 2,774,550 | 3,245,530 | 2,065,460 | 1,375,160 |
| Current ratio | 1.65 | 2.22 | 2.08 | 1.82 | 2.41 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $5,014,000K ÷ $3,043,000K
= 1.65
The current ratio of HF Sinclair Corp has shown fluctuations over the past five years. It was 2.41 as of December 31, 2020, which indicates a relatively healthy liquidity position. However, there was a decrease in the ratio to 1.82 by December 31, 2021, which may suggest potential liquidity challenges. The ratio improved to 2.08 by December 31, 2022, and further increased to 2.22 by December 31, 2023, reflecting a stronger liquidity position. However, there was a decrease in the current ratio to 1.65 by December 31, 2024, indicating a potential strain on short-term liquidity. Overall, the company's current ratio has shown variability, signaling the need for continued monitoring of its liquidity management.