Sempra Energy (SRE)
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 | 5,285,000 | 5,099,000 | 4,378,000 | 5,640,000 | 5,470,000 | 5,310,000 | 4,847,000 | 5,204,000 | 5,912,000 | 4,465,000 | 5,902,000 | 6,501,000 | 4,375,000 | 4,593,000 | 3,760,000 | 4,200,000 | 4,511,000 | 6,394,000 | 7,640,000 | 5,424,000 |
| Total current liabilities | US$ in thousands | 9,676,000 | 9,843,000 | 9,540,000 | 9,064,000 | 10,090,000 | 8,765,000 | 8,451,000 | 9,630,000 | 9,899,000 | 7,836,000 | 7,550,000 | 9,000,000 | 10,035,000 | 12,944,000 | 7,312,000 | 6,875,000 | 6,839,000 | 7,635,000 | 9,595,000 | 12,177,000 |
| Current ratio | 0.55 | 0.52 | 0.46 | 0.62 | 0.54 | 0.61 | 0.57 | 0.54 | 0.60 | 0.57 | 0.78 | 0.72 | 0.44 | 0.35 | 0.51 | 0.61 | 0.66 | 0.84 | 0.80 | 0.45 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $5,285,000K ÷ $9,676,000K
= 0.55
Sempra Energy's current ratio has experienced fluctuations over the past few years. The current ratio, which measures the company's ability to cover its short-term liabilities with its short-term assets, has ranged from a low of 0.35 in September 2021 to a high of 0.84 in September 2020.
A lower current ratio indicates a potential liquidity issue, as the company may struggle to meet its short-term obligations. On the other hand, a higher current ratio suggests a healthier financial position as the company has more assets readily available to cover its short-term liabilities.
It is worth noting that although the current ratio has shown some variability, it has generally stayed below 1, which may raise concerns about the company's ability to meet its short-term obligations using its current assets alone. For investors and creditors, monitoring the trend of the current ratio over time is essential to assess Sempra Energy's liquidity and financial health.
Peer comparison
Dec 31, 2024