Vistra Energy Corp (VST)
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 | 11,637,000 | 10,699,000 | 8,911,000 | 9,512,000 | 11,116,000 | 13,145,000 | 15,153,000 | 10,913,000 | 7,883,000 | 7,846,000 | 4,749,000 | 3,688,000 | 3,429,000 | 3,757,000 | 4,037,000 | 4,559,000 | 4,114,000 | 4,128,000 | 4,539,000 | 3,324,000 |
| Total current liabilities | US$ in thousands | 9,823,000 | 8,748,000 | 7,626,000 | 8,162,000 | 10,337,000 | 11,911,000 | 14,499,000 | 9,865,000 | 5,843,000 | 7,922,000 | 5,223,000 | 5,406,000 | 3,036,000 | 3,383,000 | 4,631,000 | 4,604,000 | 4,574,000 | 3,915,000 | 3,657,000 | 3,238,000 |
| Current ratio | 1.18 | 1.22 | 1.17 | 1.17 | 1.08 | 1.10 | 1.05 | 1.11 | 1.35 | 0.99 | 0.91 | 0.68 | 1.13 | 1.11 | 0.87 | 0.99 | 0.90 | 1.05 | 1.24 | 1.03 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $11,637,000K ÷ $9,823,000K
= 1.18
The current ratio reflects Vistra Corp's ability to cover its short-term obligations with its current assets. Looking at the data provided, we observe fluctuations in the current ratio over the past eight quarters.
Vistra Corp's current ratio has shown a generally increasing trend from Q2 2022 to Q3 2023, indicating an improvement in the company's short-term liquidity position. The ratio peaked at 1.22 in Q3 2023, suggesting that the company had $1.22 in current assets for every $1 of current liabilities during that period.
However, the current ratio decreased slightly in Q4 2023 to 1.18, which still indicates a relatively healthy liquidity position. It's essential to monitor trends in the current ratio over time to assess Vistra Corp's ability to meet its short-term financial obligations efficiently. In this case, the company seems to be managing its short-term liquidity well despite slight fluctuations.
Peer comparison
Dec 31, 2023