PPL Corporation (PPL)
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 | 2,880,000 | 2,974,000 | 2,798,000 | 3,037,000 | 2,932,000 | 2,754,000 | 2,725,000 | 3,038,000 | 2,824,000 | 2,720,000 | 2,301,000 | 5,713,000 | 5,007,000 | 6,137,000 | 9,018,000 | 20,327,000 | 20,900,000 | 2,695,000 | 3,268,000 | 2,956,000 |
| Total current liabilities | US$ in thousands | 3,333,000 | 2,306,000 | 2,515,000 | 2,375,000 | 3,340,000 | 2,879,000 | 2,505,000 | 2,480,000 | 3,789,000 | 3,315,000 | 3,726,000 | 3,033,000 | 2,323,000 | 2,343,000 | 4,172,000 | 15,623,000 | 15,055,000 | 5,442,000 | 5,168,000 | 5,322,000 |
| Current ratio | 0.86 | 1.29 | 1.11 | 1.28 | 0.88 | 0.96 | 1.09 | 1.22 | 0.75 | 0.82 | 0.62 | 1.88 | 2.16 | 2.62 | 2.16 | 1.30 | 1.39 | 0.50 | 0.63 | 0.56 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,880,000K ÷ $3,333,000K
= 0.86
The current ratio of PPL Corporation has shown fluctuations over the past few years, indicating changes in its liquidity position. The ratio stood at 0.56 as of March 31, 2020, reflecting a low level of current assets to cover current liabilities. However, there was an improvement in the ratio to 2.62 as of September 30, 2021, and remained relatively stable around 1.88 to 1.22 in the subsequent periods.
The peak of the current ratio was observed on September 30, 2021, and December 31, 2021, at 2.62 and 2.16, respectively, suggesting a strong ability to meet short-term obligations with current assets during those periods. On the other hand, the lowest ratio was recorded on September 30, 2020, at 0.50, indicating potential liquidity challenges.
Overall, the current ratio of PPL Corporation has shown variability, with some periods indicating robust liquidity positions and others pointing towards potential liquidity constraints. It is important for investors and stakeholders to continue monitoring the company's current ratio to assess its ability to meet short-term obligations effectively.
Peer comparison
Dec 31, 2024