NRG Energy Inc. (NRG)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 199,000 | 9,727,000 | 16,231,000 | 10,841,000 | 6,028,000 |
| Total current liabilities | US$ in thousands | 8,813,000 | 9,500,000 | 12,982,000 | 7,915,000 | 1,915,000 |
| Current ratio | 0.02 | 1.02 | 1.25 | 1.37 | 3.15 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $199,000K ÷ $8,813,000K
= 0.02
The current ratio of NRG Energy Inc. has shown a declining trend over the past five years. Starting at a healthy level of 3.15 on December 31, 2020, the ratio has decreased significantly to 1.37 by the end of 2021 and further dropped to 1.25 by the end of 2022. This downward trend continued with the ratio falling to 1.02 by the end of 2023, indicating a potential liquidity challenge. The most recent data point of 0.02 as of December 31, 2024, raises concerns about the company's ability to meet its short-term obligations using its current assets. The decreasing current ratio suggests a potential strain on NRG Energy Inc.'s liquidity position and may require further investigation into the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024