Vistra Energy Corp (VST)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,188,000 | 3,485,000 | 455,000 | 1,325,000 | 406,000 |
| Short-term investments | US$ in thousands | — | 53,000 | 92,000 | 14,000 | 19,000 |
| Total current liabilities | US$ in thousands | 8,432,000 | 9,823,000 | 10,337,000 | 5,843,000 | 3,036,000 |
| Cash ratio | 0.14 | 0.36 | 0.05 | 0.23 | 0.14 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,188,000K
+ $—K)
÷ $8,432,000K
= 0.14
The cash ratio of Vistra Energy Corp has fluctuated over the years based on the provided data. As of December 31, 2020, the cash ratio was 0.14, indicating that the company had $0.14 in cash and cash equivalents for every $1 of current liabilities. The ratio slightly improved to 0.23 by the end of 2021, suggesting a stronger liquidity position. However, there was a significant decrease in the cash ratio to 0.05 by the end of 2022, reflecting potentially lower cash reserves compared to current liabilities.
The trend reversed positively in 2023, with the cash ratio increasing to 0.36, indicating a healthier liquidity position with more cash on hand to cover short-term obligations. Despite the improvement in 2023, the cash ratio retreated back to 0.14 by the end of 2024, returning to a level closer to that of 2020.
Overall, the fluctuating cash ratios of Vistra Energy Corp suggest varying levels of liquidity management and cash position over the years, which could impact the company's ability to meet its short-term financial obligations.
Peer comparison
Dec 31, 2024