Alliant Energy Corp (LNT)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,184,000 | 1,272,000 | 1,250,000 | 1,069,000 | 887,000 |
| Total current liabilities | US$ in thousands | 2,715,000 | 2,304,000 | 2,363,000 | 2,054,000 | 1,297,000 |
| Current ratio | 0.44 | 0.55 | 0.53 | 0.52 | 0.68 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,184,000K ÷ $2,715,000K
= 0.44
The current ratio of Alliant Energy Corp has shown a decreasing trend over the years from 2020 to 2024. The current ratio was 0.68 in December 31, 2020, indicating that the company had $0.68 in current assets for every $1 in current liabilities. However, this ratio decreased to 0.52 in December 31, 2021, and further declined to 0.53 in December 31, 2022. By the end of December 31, 2024, the current ratio decreased to 0.44, signaling a potential liquidity challenge.
A current ratio below 1 suggests that the company may have difficulty meeting its short-term obligations with its current assets alone. This downward trend in the current ratio may indicate that Alliant Energy Corp is facing increasing liquidity risks or may be experiencing challenges in managing its short-term liabilities effectively. It is essential for stakeholders to closely monitor this trend and evaluate the company's ability to generate sufficient cash flow to meet its short-term financial obligations.
Peer comparison
Dec 31, 2024