Exelon Corporation (EXC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 8,384,000 | 8,087,000 | 7,336,000 | 13,957,000 | 12,562,000 |
| Total current liabilities | US$ in thousands | 9,611,000 | 9,901,000 | 10,611,000 | 16,111,000 | 12,771,000 |
| Current ratio | 0.87 | 0.82 | 0.69 | 0.87 | 0.98 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $8,384,000K ÷ $9,611,000K
= 0.87
Exelon Corporation's current ratio has fluctuated over the past five years. As of December 31, 2020, the current ratio was 0.98, indicating that the company had nearly enough current assets to cover its current liabilities. However, by December 31, 2021, the current ratio decreased to 0.87, suggesting a slight weakening in the company's ability to meet short-term obligations.
In the following years, the current ratio continued to decline, reaching its lowest point of 0.69 on December 31, 2022. This signifies a potential liquidity concern, as the company may be struggling to meet its short-term financial obligations with its current assets.
Despite this decline, there was a slight improvement in the current ratio to 0.82 on December 31, 2023. However, by December 31, 2024, the ratio remained relatively stable at 0.87, still below the industry average.
Overall, Exelon Corporation's current ratio has shown a downward trend in recent years, indicating a potential liquidity risk and the need for further analysis of the company's financial health and management of working capital.
Peer comparison
Dec 31, 2024