Edison International (EIX)
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 | 7,155,000 | 7,444,000 | 8,512,000 | 7,878,000 | 6,811,000 | 7,235,000 | 7,416,000 | 7,210,000 | 7,070,000 | 6,441,000 | 5,653,000 | 5,273,000 | 5,491,000 | 6,028,000 | 4,921,000 | 5,328,000 | 5,061,000 | 5,855,000 | 4,796,000 | 4,911,000 |
| Total current liabilities | US$ in thousands | 8,439,000 | 8,507,000 | 8,274,000 | 7,907,000 | 8,598,000 | 9,027,000 | 8,827,000 | 8,366,000 | 10,347,000 | 10,820,000 | 9,262,000 | 8,342,000 | 8,609,000 | 8,962,000 | 7,815,000 | 9,497,000 | 10,277,000 | 8,616,000 | 5,899,000 | 6,248,000 |
| Current ratio | 0.85 | 0.88 | 1.03 | 1.00 | 0.79 | 0.80 | 0.84 | 0.86 | 0.68 | 0.60 | 0.61 | 0.63 | 0.64 | 0.67 | 0.63 | 0.56 | 0.49 | 0.68 | 0.81 | 0.79 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $7,155,000K ÷ $8,439,000K
= 0.85
The current ratio of Edison International has shown fluctuating trends over the past few years. It decreased from 0.79 in March 2020 to a low of 0.49 by December 2020, indicating potential liquidity concerns. However, there was a gradual improvement in the ratio, reaching a peak of 1.03 by June 2024, demonstrating a stronger ability to cover short-term obligations with current assets.
The ratio exceeding 1.00 in March 2024 and June 2024 indicates that the company had more current assets than current liabilities during these periods, which is generally considered favorable for creditors and investors.
Overall, the current ratio of Edison International has shown variability but has shown an upward trend in recent periods, suggesting improved short-term liquidity position and potentially enhanced financial stability.
Peer comparison
Dec 31, 2024