Public Service Enterprise Group Inc (PEG)
Current ratio
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 4,235,000 | 3,992,000 | 4,282,000 | 3,373,000 | 3,283,000 | 3,863,000 | 4,331,000 | 4,303,000 | 4,105,000 | 6,167,000 | 4,728,000 | 6,250,000 | 6,815,000 | 3,201,000 | 3,595,000 | 3,630,000 | 4,023,000 | 3,742,000 | 3,727,000 | 3,231,000 |
| Total current liabilities | US$ in thousands | 6,505,000 | 5,858,000 | 5,388,000 | 5,057,000 | 5,190,000 | 5,750,000 | 5,448,000 | 6,680,000 | 6,806,000 | 7,934,000 | 5,292,000 | 7,072,000 | 8,105,000 | 4,492,000 | 4,546,000 | 5,522,000 | 5,260,000 | 5,783,000 | 5,160,000 | 5,047,000 |
| Current ratio | 0.65 | 0.68 | 0.79 | 0.67 | 0.63 | 0.67 | 0.79 | 0.64 | 0.60 | 0.78 | 0.89 | 0.88 | 0.84 | 0.71 | 0.79 | 0.66 | 0.76 | 0.65 | 0.72 | 0.64 |
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 fluctuated over the past few years, starting at a low of 0.64 as of December 31, 2019, and reaching a peak of 0.89 as of March 31, 2022. This indicates that the company's short-term liquidity position improved during this period. However, the ratio declined to 0.60 as of September 30, 2022, which may raise concerns about the company's ability to meet its short-term obligations.
Subsequently, the current ratio recovered slightly to 0.67 as of December 31, 2022, and increased to 0.79 as of March 31, 2023, suggesting an improvement in the company's liquidity position. However, the ratio decreased again to 0.63 as of September 30, 2023, before rising to 0.67 as of December 31, 2023.
In the most recent periods, the current ratio of Public Service Enterprise Group Inc continued to fluctuate within a narrow range, with a value of 0.79 as of March 31, 2024, 0.68 as of September 30, 2024, and 0.65 as of December 31, 2024. These fluctuations suggest that the company's liquidity position remains somewhat unstable and may warrant further investigation to assess the reasons behind these fluctuations and their potential impacts on the company's financial health.
Peer comparison
Dec 31, 2024