Exelon Corporation (EXC)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 357,000 | 616,000 | 934,000 | 720,000 | 445,000 | 300,000 | 399,000 | 522,000 | 407,000 | 446,000 | 816,000 | 2,476,000 | 672,000 | 2,957,000 | 1,578,000 | 1,908,000 | 432,000 | 1,858,000 | 2,129,000 | 1,457,000 |
| Short-term investments | US$ in thousands | — | -4,387,000 | — | — | 12,000 | 3,000 | — | — | — | — | — | — | 510,000 | 198,000 | 196,000 | 239,000 | 231,000 | 444 | — | — |
| Receivables | US$ in thousands | 3,754,000 | 3,660,000 | 3,709,000 | 3,585,000 | 3,372,000 | 3,329,000 | 3,047,000 | 3,377,000 | 3,579,000 | 3,485,000 | 3,218,000 | 3,098,000 | 5,126,000 | 4,660,000 | 4,492,000 | 4,816,000 | 4,758,000 | 4,293,000 | 4,302,000 | 5,381,000 |
| 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 |
| Quick ratio | 0.43 | -0.02 | 0.56 | 0.54 | 0.39 | 0.41 | 0.43 | 0.48 | 0.38 | 0.45 | 0.50 | 0.65 | 0.39 | 0.49 | 0.45 | 0.51 | 0.42 | 0.55 | 0.58 | 0.58 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($357,000K
+ $—K
+ $3,754,000K)
÷ $9,611,000K
= 0.43
The quick ratio of Exelon Corporation has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.58 in March 2020, remained relatively stable before decreasing to 0.42 by December 2020. There was a gradual increase in the ratio reaching 0.65 by March 31, 2022, indicating an improvement in the company's ability to meet its short-term obligations with its most liquid assets.
However, the quick ratio declined to 0.38 by December 31, 2022, and fluctuated between 0.43 and 0.56 during the following quarters until September 30, 2024. Notably, the quick ratio dropped significantly to -0.02 by September 30, 2024, which may raise concerns about the company's liquidity position and its ability to cover immediate liabilities with its quick assets.
Overall, monitoring the trend of Exelon Corporation's quick ratio is essential to assess its short-term liquidity position and ability to meet its upcoming financial obligations efficiently. Further analysis and understanding of the factors contributing to these fluctuations would be necessary to make informed decisions regarding the company's financial health.
Peer comparison
Dec 31, 2024