Talos Energy (TALO)
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 | 108,172 | 45,542 | 37,797 | 21,001 | 33,637 | 13,631 | 17,525 | 16,169 | 44,145 | 64,490 | 108,481 | 78,348 | 69,852 | 59,427 | 65,354 | 64,979 | 34,233 | 32,377 | 107,855 | 106,952 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 723,055 | 677,887 | 711,639 | 696,862 | 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 |
| Quick ratio | 0.15 | 0.07 | 0.05 | 0.03 | 0.06 | 0.02 | 0.03 | 0.02 | 0.07 | 0.12 | 0.15 | 0.11 | 0.12 | 0.09 | 0.10 | 0.13 | 0.08 | 0.07 | 0.26 | 0.35 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($108,172K
+ $—K
+ $—K)
÷ $723,055K
= 0.15
The quick ratio of Talos Energy has shown fluctuations over the reported periods, ranging from 0.02 to 0.35. The quick ratio measures the company's ability to meet its short-term obligations using its most liquid assets. A ratio below 1 indicates that the company may have difficulty meeting its short-term liabilities.
Based on the data provided, Talos Energy's quick ratio has generally been below 1, indicating potential challenges in meeting its short-term obligations with its quick assets. The ratio improved slightly in the most recent periods but remained relatively low.
It is essential for investors and stakeholders to monitor the trend of the quick ratio over time to assess the company's liquidity position and its ability to manage short-term financial obligations effectively. Further analysis of the company's liquidity management practices and financial stability may provide additional insights into its overall financial health.
Peer comparison
Dec 31, 2024