Talos Energy (TALO)

Current ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total current assets US$ in thousands 659,383 422,175 367,829 340,003 247,392
Total current liabilities US$ in thousands 723,055 578,615 607,058 600,526 447,534
Current ratio 0.91 0.73 0.61 0.57 0.55

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $659,383K ÷ $723,055K
= 0.91

The current ratio of Talos Energy has shown a steady improvement over the past five years. Starting at 0.55 in December 2020, the ratio has increased to 0.91 by December 2024. This indicates that the company's current assets are becoming more sufficient to cover its current liabilities over time. A current ratio above 1 is generally considered healthy, as it suggests that the company can meet its short-term obligations using its current assets. Talos Energy's current ratio trend suggests a strengthening liquidity position, which could potentially improve its ability to fund operations and meet short-term financial commitments.