Vistra Energy Corp (VST)
Current ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 11,637,000 | 11,116,000 | 7,883,000 | 3,429,000 | 4,114,000 |
| Total current liabilities | US$ in thousands | 9,823,000 | 10,337,000 | 5,843,000 | 3,036,000 | 4,574,000 |
| Current ratio | 1.18 | 1.08 | 1.35 | 1.13 | 0.90 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $11,637,000K ÷ $9,823,000K
= 1.18
The current ratio for Vistra Corp has fluctuated over the past five years, ranging from 0.90 in 2019 to 1.35 in 2021. A current ratio above 1 indicates that the company's current assets exceed its current liabilities, suggesting a relatively strong liquidity position. However, a declining trend from 2021 to 2022 followed by a slight increase in 2023 may indicate a potential strain on the company's short-term liquidity. It is important for Vistra Corp to closely monitor its current ratio to ensure it remains at a healthy level to meet its short-term obligations effectively.
Peer comparison
Dec 31, 2023