EQT Corporation (EQT)

Working capital turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	5,273,310	6,908,920	7,497,690	3,064,660	3,058,840
Total current assets	US$ in thousands	1,714,680	2,012,980	4,014,440	2,286,770	1,215,450
Total current liabilities	US$ in thousands	2,461,550	2,036,840	3,732,220	5,186,240	1,762,410
Working capital turnover		—	—	26.57	—	—

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,273,310K ÷ ($1,714,680K – $2,461,550K)
= —

The working capital turnover ratio for EQT Corporation fluctuated over the five-year period provided. The ratio was not calculable for the years ending on December 31, 2020, 2021, 2023, and 2024, indicating that either the company had a negative working capital or did not have sufficient information available in the dataset to compute the ratio.

However, for the year ending on December 31, 2022, EQT Corporation achieved a working capital turnover ratio of 26.57. This implies that the company was able to generate $26.57 in revenue for each dollar of working capital invested during that specific fiscal year. An increase in the working capital turnover ratio can indicate efficient management of working capital and effective utilization of resources to drive revenue generation.

It's essential for EQT Corporation to monitor its working capital turnover over time to ensure optimal utilization of its working capital resources and maintain efficient operations to support revenue growth.