Alliant Energy Corp (LNT)
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 | 1,184,000 | 1,968,000 | 1,214,000 | 1,108,000 | 1,272,000 | 1,372,000 | 1,138,000 | 1,192,000 | 1,250,000 | 1,693,000 | 1,308,000 | 1,092,000 | 1,069,000 | 1,015,000 | 899,000 | 755,000 | 887,000 | 1,033,000 | 1,044,300 | 912,200 |
| Total current liabilities | US$ in thousands | 2,715,000 | 2,288,000 | 1,854,000 | 1,984,000 | 2,304,000 | 1,935,000 | 1,893,000 | 1,908,000 | 2,363,000 | 2,422,000 | 2,276,000 | 1,521,000 | 2,054,000 | 1,557,000 | 1,639,000 | 1,408,000 | 1,297,000 | 1,295,000 | 1,220,900 | 1,650,200 |
| Current ratio | 0.44 | 0.86 | 0.65 | 0.56 | 0.55 | 0.71 | 0.60 | 0.62 | 0.53 | 0.70 | 0.57 | 0.72 | 0.52 | 0.65 | 0.55 | 0.54 | 0.68 | 0.80 | 0.86 | 0.55 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,184,000K ÷ $2,715,000K
= 0.44
Alliant Energy Corp's current ratio has fluctuated over the years, indicating varying levels of liquidity. The ratio was relatively low in the first quarter of 2020 at 0.55, suggesting potential challenges in meeting short-term obligations. However, there was an improvement in the second quarter of 2020 to 0.86, reflecting better ability to cover current liabilities with current assets.
Subsequently, the current ratio remained around 0.80 in the following quarters of 2020 and then declined to 0.54 in the first quarter of 2021, below the industry average. This low ratio may raise concerns about the company's short-term liquidity position.
There were fluctuations in the current ratio in the subsequent quarters, showing values ranging between 0.52 and 0.72. The ratio slightly improved in the fourth quarter of 2022 to 0.53 but then decreased again in the first quarter of 2023.
In the second quarter of 2024, the current ratio increased notably to 0.65, indicating an improved ability to meet short-term obligations. This positive trend continued into the third quarter of 2024, reaching a high of 0.86, which may reflect effective management of current assets and liabilities.
Overall, the current ratio of Alliant Energy Corp has displayed fluctuations, with periods of both strength and weakness in liquidity management. Continued monitoring of this ratio will be essential to assess the company's ability to cover its short-term liabilities effectively.
Peer comparison
Dec 31, 2024