NorthWestern Corporation (NWE)
Quick ratio
| Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|
| Cash | US$ in thousands | 9,164 | 5,091 |
| Short-term investments | US$ in thousands | — | — |
| Receivables | US$ in thousands | 317,357 | 148,043 |
| Total current liabilities | US$ in thousands | 534,898 | 569,514 |
| Quick ratio | 0.61 | 0.27 |
December 31, 2023 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($9,164K
+ $—K
+ $317,357K)
÷ $534,898K
= 0.61
Peer comparison
Dec 31, 2023
Company name
Symbol
Quick ratio
NorthWestern Corporation
NWE
0.61
Allete Inc
ALE
0.62
Alliant Energy Corp
LNT
0.27
Ameren Corp
AEE
0.28
Avista Corporation
AVA
0.66
CMS Energy Corporation
CMS
0.24
Consolidated Edison Inc
ED
0.56
Duke Energy Corporation
DUK
0.26
Evergy Inc. Common Stock
EVRG
0.13
Exelon Corporation
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0.40
NiSource Inc
NI
0.59