Warrior Met Coal Inc (HCC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 887,062 | 1,069,170 | 1,173,110 | 627,201 | 467,483 |
| Total current liabilities | US$ in thousands | 170,430 | 147,670 | 153,124 | 122,128 | 170,318 |
| Current ratio | 5.20 | 7.24 | 7.66 | 5.14 | 2.74 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $887,062K ÷ $170,430K
= 5.20
Warrior Met Coal Inc's current ratio has exhibited a notable upward trend over the past few years, starting at 2.74 as of December 31, 2020, and increasing to 5.14 by December 31, 2021. This upward trajectory continued with significant improvements, reaching 7.66 as of December 31, 2022, followed by a slight decrease to 7.24 by December 31, 2023. However, the current ratio remained relatively high at 5.20 as of December 31, 2024. Overall, the company has maintained a strong ability to meet its short-term obligations, reflecting a healthy liquidity position and potential for efficient management of current assets and liabilities.
Peer comparison
Dec 31, 2024