NorthWestern Corporation (NWE)

Liquidity ratios

	Dec 31, 2024	Dec 31, 2023
Current ratio	0.52	0.76
Quick ratio	0.36	0.61
Cash ratio	0.01	0.02

Additional liquidity measure

		Dec 31, 2024	Dec 31, 2023
Cash conversion cycle	days	97.41	51.45