Talos Energy (TALO)

Current ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Total current assets	US$ in thousands	422,175	367,829	340,003	247,392	293,984
Total current liabilities	US$ in thousands	578,615	607,058	600,526	447,534	370,452
Current ratio		0.73	0.61	0.57	0.55	0.79

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $422,175K ÷ $578,615K
= 0.73

The current ratio of Talos Energy Inc has fluctuated over the past five years, ranging from 0.55 to 0.79. The ratio measures the company's ability to meet its short-term obligations with its current assets. A current ratio below 1 indicates that the company may have difficulty covering its short-term liabilities with its current assets alone.

In 2023, the current ratio stands at 0.73, which is an improvement compared to the previous year. However, it is still below the ideal threshold of 1, suggesting that Talos Energy Inc may face challenges in meeting its short-term obligations with its current assets.

It is important for investors and stakeholders to monitor the trend of the current ratio over time to assess the company's liquidity position and financial health. Further analysis of the components of current assets and liabilities could provide insights into the underlying factors affecting the current ratio of Talos Energy Inc.