Alliant Energy Corp (LNT)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	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	876,000	1,113,000	1,027,300	815,200
Total current liabilities	US$ in thousands	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	2,054,000	2,082,100	1,949,000	1,587,700
Current ratio		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	0.43	0.53	0.53	0.51

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,272,000K ÷ $2,304,000K
= 0.55

The current ratio of Alliant Energy Corp. has shown fluctuations over the past eight quarters, ranging from a low of 0.53 to a high of 0.72. Generally, the current ratio has been below 1, indicating that the company may have difficulties meeting its short-term obligations with its current assets alone. The lower current ratios suggest a potential liquidity risk for the company, as its current assets may not be sufficient to cover its current liabilities. It is important for stakeholders to monitor this ratio closely to ensure that the company can meet its short-term financial obligations.