Talos Energy (TALO)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	422,175	411,588	440,172	411,103	367,829	371,978	475,485	401,806	340,003	253,728	304,216	291,999	247,392	256,441	369,708	502,301	293,984	332,754	328,266	238,649
Total current liabilities	US$ in thousands	578,615	629,799	691,882	671,192	607,058	556,328	701,336	705,594	600,526	635,832	674,744	482,237	447,534	434,424	407,878	308,754	370,452	411,355	458,152	424,581
Current ratio		0.73	0.65	0.64	0.61	0.61	0.67	0.68	0.57	0.57	0.40	0.45	0.61	0.55	0.59	0.91	1.63	0.79	0.81	0.72	0.56

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 eight quarters, ranging from a low of 0.57 in Q1 2022 to a high of 0.73 in Q4 2023. Generally, a current ratio below 1 indicates potential liquidity concerns, as current liabilities exceed current assets. The trend shows some improvement in liquidity from Q1 2022 to Q4 2023, with the ratio gradually increasing. However, the current ratio still remains below the ideal threshold of 1. This suggests that the company may face challenges in meeting its short-term obligations with its current assets alone. Continued monitoring of the trend is recommended to assess the company's ability to manage its liquidity effectively.