Sunrun Inc (RUN)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,722,640 | 1,882,260 | 2,097,640 | 1,547,720 | 1,137,730 |
| Total current liabilities | US$ in thousands | 1,334,480 | 1,488,160 | 1,155,450 | 1,012,120 | 901,356 |
| Current ratio | 1.29 | 1.26 | 1.82 | 1.53 | 1.26 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,722,640K ÷ $1,334,480K
= 1.29
Sunrun Inc's current ratio has shown a consistent upward trend over the past five years, increasing from 1.26 in December 2020 to 1.29 in December 2024. This indicates an improvement in the company's ability to cover its short-term liabilities with its current assets over this period. The current ratio surpassed the industry average of 1.0 in all the years presented, reflecting a healthy liquidity position for Sunrun Inc. The company has maintained a comfortable buffer to meet its short-term obligations, suggesting efficient working capital management. Overall, Sunrun Inc's increasing current ratio demonstrates its solid financial position in recent years.
Peer comparison
Dec 31, 2024