Exelon Corporation (EXC)
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 | 8,384,000 | 8,023,000 | 8,557,000 | 8,212,000 | 8,087,000 | 7,519,000 | 7,542,000 | 7,777,000 | 7,336,000 | 7,055,000 | 7,342,000 | 8,145,000 | 13,957,000 | 14,877,000 | 12,348,000 | 12,997,000 | 12,562,000 | 12,312,000 | 12,533,000 | 12,476,000 |
| Total current liabilities | US$ in thousands | 9,611,000 | 7,384,000 | 8,275,000 | 7,975,000 | 9,901,000 | 8,800,000 | 7,936,000 | 8,092,000 | 10,611,000 | 8,717,000 | 8,031,000 | 8,635,000 | 16,111,000 | 15,826,000 | 13,919,000 | 13,580,000 | 12,771,000 | 11,262,000 | 11,065,000 | 11,774,000 |
| Current ratio | 0.87 | 1.09 | 1.03 | 1.03 | 0.82 | 0.85 | 0.95 | 0.96 | 0.69 | 0.81 | 0.91 | 0.94 | 0.87 | 0.94 | 0.89 | 0.96 | 0.98 | 1.09 | 1.13 | 1.06 |
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 shown fluctuation over the past few years as per the provided data. The current ratio measures the company's ability to meet its short-term obligations with its current assets.
From March 31, 2020, to June 30, 2021, the current ratio decreased gradually from 1.06 to 0.89, indicating a potential weakening ability to cover short-term liabilities with current assets during this period. However, there was a slight improvement by March 31, 2022, where the ratio increased to 0.94.
Subsequently, the current ratio declined again, reaching 0.69 by December 31, 2022, which may raise concerns about Exelon's short-term liquidity position. However, there was a notable recovery by March 31, 2024, with the ratio jumping to 1.03, suggesting a stronger ability to cover short-term obligations with current assets at that point.
Overall, it is essential for Exelon to maintain a healthy current ratio above 1.0 to demonstrate a sufficient cushion to meet its short-term financial obligations. Continued monitoring of the current ratio is necessary to assess the company's liquidity position accurately.
Peer comparison
Dec 31, 2024