EQT Corporation (EQT)
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 | ||
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Total current assets | US$ in thousands | 1,714,680 | 1,082,290 | 1,229,830 | 2,095,780 | 2,012,980 | 1,247,240 | 2,425,570 | 3,949,550 | 4,014,440 | 3,902,470 | 4,085,630 | 3,025,930 | 2,286,770 | 3,340,900 | 2,168,660 | 1,313,700 | 1,215,450 | 1,342,150 | 1,541,800 | 1,948,040 |
Total current liabilities | US$ in thousands | 2,461,550 | 2,113,950 | 1,685,570 | 2,373,630 | 2,036,840 | 2,118,940 | 2,182,830 | 2,664,420 | 3,732,220 | 6,637,900 | 7,189,750 | 7,605,290 | 5,186,240 | 7,228,350 | 3,679,200 | 1,750,030 | 1,762,410 | 1,839,520 | 1,560,590 | 1,473,230 |
Current ratio | 0.70 | 0.51 | 0.73 | 0.88 | 0.99 | 0.59 | 1.11 | 1.48 | 1.08 | 0.59 | 0.57 | 0.40 | 0.44 | 0.46 | 0.59 | 0.75 | 0.69 | 0.73 | 0.99 | 1.32 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,714,680K ÷ $2,461,550K
= 0.70
EQT Corporation's current ratio has shown fluctuations over the past few years, indicating varying levels of liquidity and ability to meet short-term obligations. As of December 31, 2024, the current ratio stands at 0.70, suggesting that the company may potentially face challenges in meeting its current liabilities with its current assets. It is important for the company to monitor and manage its current assets and liabilities effectively to ensure it can fulfill its short-term financial obligations. The trend in the current ratio indicates that EQT Corporation has experienced periods of both stronger and weaker liquidity positions, highlighting the importance of maintaining a balance between current assets and current liabilities for financial stability.
Peer comparison
Dec 31, 2024