Warrior Met Coal Inc (HCC)
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 | 887,062 | 972,132 | 1,109,810 | 1,119,260 | 1,069,170 | 1,104,200 | 1,216,070 | 1,243,580 | 1,173,110 | 1,141,560 | 1,113,620 | 839,610 | 627,201 | 479,230 | 452,060 | 477,126 | 467,483 | 502,018 | 519,320 | 564,531 |
| Total current liabilities | US$ in thousands | 170,430 | 167,333 | 174,337 | 163,042 | 147,670 | 143,961 | 124,154 | 127,720 | 153,124 | 162,949 | 144,471 | 155,684 | 122,128 | 134,394 | 130,670 | 160,963 | 170,318 | 139,277 | 131,147 | 132,726 |
| Current ratio | 5.20 | 5.81 | 6.37 | 6.86 | 7.24 | 7.67 | 9.79 | 9.74 | 7.66 | 7.01 | 7.71 | 5.39 | 5.14 | 3.57 | 3.46 | 2.96 | 2.74 | 3.60 | 3.96 | 4.25 |
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 shown a fluctuating trend over the past few years. Starting at a robust 4.25 on March 31, 2020, the ratio declined to 2.74 by December 31, 2020, indicating a decrease in the company's ability to cover its short-term liabilities with its current assets. However, from March 31, 2021, onwards, the current ratio began to show a positive trend, reaching a peak of 9.79 on June 30, 2023. This signifies a significant improvement in the company's liquidity position and ability to meet its short-term obligations.
Subsequently, the current ratio decreased slightly to 5.20 by December 31, 2024, still indicating a strong liquidity position. Overall, Warrior Met Coal Inc's current ratio has demonstrated fluctuations but has generally maintained a healthy level above 1, indicating that the company has sufficient current assets to cover its current liabilities.
Peer comparison
Dec 31, 2024