Alliant Energy Corp (LNT)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 81,000 | 62,000 | 20,000 | 39,000 | 54,000 |
| Short-term investments | US$ in thousands | — | -1,000 | — | 517,000 | 485 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 2,715,000 | 2,304,000 | 2,363,000 | 2,054,000 | 1,297,000 |
| Quick ratio | 0.03 | 0.03 | 0.01 | 0.27 | 0.04 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($81,000K
+ $—K
+ $—K)
÷ $2,715,000K
= 0.03
The quick ratio for Alliant Energy Corp has shown fluctuation over the years based on the provided data. It was at a low of 0.01 on December 31, 2022, indicating a potential liquidity issue. However, the ratio improved significantly to 0.27 on December 31, 2021, suggesting a better ability to cover its short-term obligations with its most liquid assets. Subsequently, there was a slight decline to 0.03 for both December 31, 2023, and December 31, 2024. Overall, the quick ratio of Alliant Energy Corp indicates varying levels of liquidity, which should be further analyzed in conjunction with other financial metrics to assess the company's overall financial health.
Peer comparison
Dec 31, 2024