NRG Energy Inc. (NRG)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 199,000 | 1,104,000 | 392,000 | 293,000 | 541,000 | 401,000 | 422,000 | 407,000 | 430,000 | 333,000 | 580,000 | 387,000 | 250,000 | 259,000 | 361,000 | 501,000 | 3,905,000 | 697,000 | 418,000 | 759,000 |
| Short-term investments | US$ in thousands | — | -1,092,000 | — | 21,000 | — | 21,000 | 20,000 | 10,000 | — | — | — | — | — | 167,000 | — | — | — | 376,000 | — | — |
| Total current liabilities | US$ in thousands | 8,813,000 | 7,348,000 | 8,302,000 | 9,176,000 | 9,500,000 | 8,930,000 | 9,876,000 | 10,326,000 | 12,982,000 | 14,366,000 | 16,437,000 | 12,233,000 | 7,915,000 | 12,009,000 | 6,931,000 | 5,795,000 | 1,915,000 | 1,986,000 | 2,157,000 | 2,852,000 |
| Cash ratio | 0.02 | 0.00 | 0.05 | 0.03 | 0.06 | 0.05 | 0.04 | 0.04 | 0.03 | 0.02 | 0.04 | 0.03 | 0.03 | 0.04 | 0.05 | 0.09 | 2.04 | 0.54 | 0.19 | 0.27 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($199,000K
+ $—K)
÷ $8,813,000K
= 0.02
The cash ratio for NRG Energy Inc. has shown fluctuations over the period from March 31, 2020, to December 31, 2024. Initially, the cash ratio was relatively low at 0.27 as of March 31, 2020, indicating that the company had limited cash reserves to cover its current liabilities.
Throughout the subsequent quarters, the cash ratio fluctuated, with a notable increase to 2.04 as of December 31, 2020. This substantial increase suggests that NRG Energy Inc. significantly improved its liquidity position and had a higher proportion of cash to cover its short-term obligations.
However, the cash ratio declined in the following quarters, reaching a low of 0.00 as of September 30, 2024. This downward trend indicates that the company may be experiencing challenges in maintaining sufficient cash reserves relative to its current liabilities.
Overall, the cash ratio for NRG Energy Inc. reflects varying levels of liquidity over the period analyzed, highlighting the importance of monitoring cash reserves to ensure the company's ability to meet its short-term financial obligations.
Peer comparison
Dec 31, 2024