Kinder Morgan Inc (KMI)

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	2,521,000	2,177,000	2,190,000	2,307,000	2,542,000	2,433,000	2,718,000	2,696,000	3,803,000	3,819,000	3,608,000	3,033,000	3,829,000	2,686,000	4,283,000	3,734,000	3,203,000	2,672,000	2,490,000	3,096,000
Total current liabilities	US$ in thousands	5,101,000	4,731,000	5,958,000	4,575,000	7,221,000	6,251,000	5,603,000	4,775,000	6,930,000	6,148,000	6,892,000	6,450,000	5,821,000	5,825,000	5,059,000	4,618,000	5,074,000	4,376,000	5,202,000	5,608,000
Current ratio		0.49	0.46	0.37	0.50	0.35	0.39	0.49	0.56	0.55	0.62	0.52	0.47	0.66	0.46	0.85	0.81	0.63	0.61	0.48	0.55

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,521,000K ÷ $5,101,000K
= 0.49

The current ratio of Kinder Morgan Inc has shown fluctuations over the reported periods. The ratio was below 1 for most of the periods, indicating that the company may have had difficulty covering its short-term liabilities with its current assets alone.

The ratio improved in the later periods, reaching a peak of 0.85 on June 30, 2021. However, it then decreased to as low as 0.35 by December 31, 2023, before recovering slightly to 0.49 on December 31, 2024.

Overall, the current ratio of Kinder Morgan Inc reflects the company's ability to meet its short-term obligations. Investors and analysts may want to closely monitor this ratio to assess the company's liquidity position and ability to manage its short-term financial commitments.