PBF Energy Inc (PBF)
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 | 4,543,900 | 5,109,300 | 6,047,000 | 5,822,000 | 6,596,600 | 6,920,700 | 6,304,700 | 5,866,700 | 6,546,300 | 6,571,900 | 7,332,300 | 6,379,600 | 5,199,200 | 5,486,500 | 5,266,500 | 4,854,800 | 3,867,400 | 3,312,600 | 3,387,100 | 2,309,700 |
| Total current liabilities | US$ in thousands | 3,626,100 | 3,825,500 | 4,255,500 | 3,781,200 | 4,217,300 | 4,392,700 | 4,302,400 | 4,596,800 | 5,200,700 | 5,423,900 | 6,772,800 | 5,085,700 | 3,759,700 | 4,199,600 | 3,751,000 | 3,399,300 | 2,451,500 | 1,955,900 | 2,037,200 | 2,045,900 |
| Current ratio | 1.25 | 1.34 | 1.42 | 1.54 | 1.56 | 1.58 | 1.47 | 1.28 | 1.26 | 1.21 | 1.08 | 1.25 | 1.38 | 1.31 | 1.40 | 1.43 | 1.58 | 1.69 | 1.66 | 1.13 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,543,900K ÷ $3,626,100K
= 1.25
The current ratio of PBF Energy Inc has fluctuated over the past few years, indicating varying levels of liquidity. As of December 31, 2024, the current ratio stood at 1.25, suggesting that the company had $1.25 in current assets for every $1 in current liabilities. This implies that PBF Energy Inc may face some challenges in meeting its short-term obligations with its current asset base. It is important for investors and creditors to monitor the trend of the current ratio to assess the company's ability to manage its short-term financial commitments effectively.
Peer comparison
Dec 31, 2024