Expand Energy Corporation (EXE)

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	1,997,000	1,797,000	2,013,000	2,378,000	2,609,000	2,515,000	2,220,000	2,629,000	2,698,000	2,059,000	2,010,000	1,487,000	2,103,000	1,734,000	1,354,000	1,190,000	1,108,000	1,072,000	690,000	1,818,000
Total current liabilities	US$ in thousands	3,123,000	899,000	931,000	1,020,000	1,314,000	1,614,000	1,651,000	1,898,000	2,704,000	4,238,000	4,241,000	4,392,000	2,447,000	2,510,000	1,866,000	1,443,000	3,094,000	3,105,000	2,389,000	2,260,000
Current ratio		0.64	2.00	2.16	2.33	1.99	1.56	1.34	1.39	1.00	0.49	0.47	0.34	0.86	0.69	0.73	0.82	0.36	0.35	0.29	0.80

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,997,000K ÷ $3,123,000K
= 0.64

Expand Energy Corporation's current ratio experienced fluctuations over the reported periods. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A ratio below 1 may indicate potential liquidity issues, while a ratio above 1 suggests sufficient liquidity.

The company's current ratio was below 1 for the majority of the periods, indicating a potential inability to cover short-term obligations with current assets. Specifically, the ratio was below 1 in periods up to December 31, 2022, reaching the lowest point of 0.29 on June 30, 2020.

However, from March 31, 2023, onwards, the current ratio showed a notable improvement, consistently surpassing 1. This improvement suggests that Expand Energy Corporation enhanced its liquidity position, with the ratio peaking at 2.33 on March 31, 2024.

The significant increase in the current ratio indicates that the company improved its ability to meet short-term obligations with current assets, potentially enhancing its financial stability and ability to manage liquidity effectively.