Evergy, Inc. (EVRG)

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 1,839,300 1,990,200 1,964,000 1,826,500 1,789,100 1,896,100 1,835,300 1,798,300 1,842,000 1,905,700 1,922,100 1,722,000 1,710,300 1,801,800 1,729,600 2,001,900 1,624,300 1,914,700 1,790,400 1,732,800
Total current liabilities US$ in thousands 3,662,400 3,607,100 3,310,800 3,189,900 3,512,600 4,809,700 3,951,600 3,466,400 3,493,800 3,671,700 3,859,700 3,391,300 3,102,900 2,670,600 2,703,900 3,244,400 2,355,800 2,098,200 2,086,100 2,397,700
Current ratio 0.50 0.55 0.59 0.57 0.51 0.39 0.46 0.52 0.53 0.52 0.50 0.51 0.55 0.67 0.64 0.62 0.69 0.91 0.86 0.72

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,839,300K ÷ $3,662,400K
= 0.50

The current ratio of Evergy, Inc. has been fluctuating over the past few years. It decreased from 0.72 as of March 31, 2020, to 0.50 as of June 30, 2022, before showing some improvement to 0.57 as of March 31, 2024. The ratio indicates that the company may have challenges meeting its short-term obligations with its current assets, as the ratio has generally been below 1. However, the slight increase in the current ratio in recent periods suggests some strengthening of the company's liquidity position, although it remains a point of concern. Monitoring this ratio over time will be crucial to assess Evergy's ability to manage its short-term financial obligations effectively.