Public Service Enterprise Group Inc (PEG)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 4,235,000 | 3,373,000 | 4,303,000 | 6,250,000 | 3,630,000 |
| Total current liabilities | US$ in thousands | 6,505,000 | 5,057,000 | 6,680,000 | 7,072,000 | 5,522,000 |
| Current ratio | 0.65 | 0.67 | 0.64 | 0.88 | 0.66 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,235,000K ÷ $6,505,000K
= 0.65
The current ratio of Public Service Enterprise Group Inc has shown variations over the past five years. As of December 31, 2020, the company's current ratio was 0.66, which increased to 0.88 by December 31, 2021. However, in the subsequent years, the current ratio experienced fluctuations, dropping to 0.64 by December 31, 2022, increasing slightly to 0.67 by December 31, 2023, and then decreasing again to 0.65 by December 31, 2024.
Overall, the current ratio of Public Service Enterprise Group Inc indicates a mixed liquidity position over the past five years, with the company's ability to meet its short-term liabilities fluctuating. It is important for investors and stakeholders to monitor these changes in the current ratio to assess the company's liquidity risk and financial health effectively.
Peer comparison
Dec 31, 2024