NRG Energy Inc. (NRG)
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 | 199,000 | 12,000 | 9,806,000 | 9,268,000 | 9,727,000 | 9,468,000 | 10,121,000 | 10,208,000 | 16,231,000 | 18,963,000 | 21,148,000 | 16,837,000 | 10,841,000 | 14,572,000 | 8,624,000 | 6,552,000 | 6,028,000 | 3,087,000 | 3,076,000 | 3,479,000 |
| 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 |
| Current ratio | 0.02 | 0.00 | 1.18 | 1.01 | 1.02 | 1.06 | 1.02 | 0.99 | 1.25 | 1.32 | 1.29 | 1.38 | 1.37 | 1.21 | 1.24 | 1.13 | 3.15 | 1.55 | 1.43 | 1.22 |
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 displayed some fluctuation over the periods under consideration. It started at 1.22 for March 31, 2020, increased steadily to 3.15 by December 31, 2020, before decreasing to 1.13 by March 31, 2021. Subsequently, it fluctuated within a range between 1.13 and 1.55 until September 30, 2021. From there on, the current ratio fluctuated around the 1.20 mark up to June 30, 2022. It registered a slight decline to 0.99 on March 31, 2023, and then recovered slightly to 1.18 by June 30, 2024. Notably, the ratio dropped significantly to 0.00 on September 30, 2024, which may be a cause for concern as it indicates that the company's current liabilities exceeded its current assets on that date. This significant decline in the current ratio in the latest period suggests potential liquidity challenges or inefficiencies in managing the company's short-term obligations and asset levels. It would be advisable for stakeholders to further investigate the reasons behind this negative trend in the current ratio to assess the company's short-term financial health.
Peer comparison
Dec 31, 2024