HF Sinclair Corp (DINO)

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	5,014,000	5,356,140	5,843,020	6,322,460	6,146,450	7,402,390	6,692,820	6,558,530	6,748,320	6,827,470	7,702,740	6,239,300	3,762,450	4,355,020	4,144,450	3,700,280	3,310,760	3,318,830	2,803,530	2,509,140
Total current liabilities	US$ in thousands	2,313,000	2,962,840	2,759,430	2,917,940	2,774,550	3,477,220	2,887,910	3,117,730	3,245,530	3,242,290	4,066,120	3,611,600	2,065,460	2,044,210	2,012,770	1,757,310	1,375,160	1,236,850	1,333,040	1,308,880
Current ratio		2.17	1.81	2.12	2.17	2.22	2.13	2.32	2.10	2.08	2.11	1.89	1.73	1.82	2.13	2.06	2.11	2.41	2.68	2.10	1.92

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $5,014,000K ÷ $2,313,000K
= 2.17

The current ratio of HF Sinclair Corp has shown variability over the years. It started at a relatively healthy level of 1.92 in March 2020 and steadily increased to reach a peak of 2.68 in September 2020. However, there was a slight decrease to 2.41 by the end of December 2020. The ratio maintained above 2 for most of 2021 but dipped to 1.82 by the end of December 2021. It slightly recovered in the following periods, reaching 2.32 by June 2023. However, by September 2024, the current ratio decreased to 1.81, indicating a potential liquidity concern. Overall, the trend shows fluctuations in the company's ability to cover its short-term obligations with its current assets, and further analysis is needed to understand the underlying reasons for these fluctuations.