Sunrun Inc (RUN)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 574,956 | 533,863 | 1,042,100 | 783,031 | 678,821 | 643,787 | 669,094 | 628,536 | 740,508 | 672,083 | 522,460 | 629,161 | 617,634 | 717,593 | 679,588 | 649,493 | 519,965 | 276,052 | 269,569 | 286,418 |
| Short-term investments | US$ in thousands | — | — | 47,700 | — | 55,000 | 64,900 | — | — | 55,000 | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,334,480 | 1,091,510 | 1,007,740 | 1,273,820 | 1,488,160 | 1,423,270 | 1,421,680 | 1,150,020 | 1,155,450 | 1,082,500 | 990,998 | 1,069,910 | 1,012,120 | 1,283,630 | 1,119,110 | 798,835 | 901,356 | 596,240 | 517,299 | 474,757 |
| Quick ratio | 0.43 | 0.49 | 1.08 | 0.61 | 0.49 | 0.50 | 0.47 | 0.55 | 0.69 | 0.62 | 0.53 | 0.59 | 0.61 | 0.56 | 0.61 | 0.81 | 0.58 | 0.46 | 0.52 | 0.60 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($574,956K
+ $—K
+ $—K)
÷ $1,334,480K
= 0.43
The quick ratio of Sunrun Inc has varied over the period from March 31, 2020, to December 31, 2024. The quick ratio indicates the company's ability to meet its short-term obligations using its most liquid assets.
The quick ratio started at 0.60 on March 31, 2020, and fluctuated over the following years, reaching its lowest point of 0.46 on September 30, 2020, implying a slightly weaker liquidity position at that time. Subsequently, the ratio showed some improvement, peaking at 1.08 on June 30, 2024, indicating a very strong ability to cover short-term liabilities with liquid assets.
Overall, the quick ratio exhibited some volatility but generally remained within a reasonable range, suggesting that Sunrun Inc managed its short-term liquidity effectively during the period under review.
Peer comparison
Dec 31, 2024