Williams Companies Inc (WMB)
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 | 4,513,000 | 4,256,000 | 2,639,000 | 2,757,000 | 3,797,000 | 4,438,000 | 3,787,000 | 3,154,000 | 4,549,000 | 2,885,000 | 2,625,000 | 2,497,000 | 1,429,000 | 1,403,000 | 2,338,000 | 1,565,000 | 1,580,000 | 1,434,000 | 2,028,000 | 1,287,000 |
| Total current liabilities | US$ in thousands | 5,830,000 | 5,526,000 | 5,384,000 | 4,020,000 | 4,890,000 | 5,017,000 | 5,838,000 | 4,308,000 | 4,972,000 | 4,940,000 | 3,759,000 | 3,535,000 | 2,319,000 | 1,861,000 | 2,438,000 | 2,116,000 | 3,968,000 | 3,324,000 | 3,389,000 | 4,169,000 |
| Current ratio | 0.77 | 0.77 | 0.49 | 0.69 | 0.78 | 0.88 | 0.65 | 0.73 | 0.91 | 0.58 | 0.70 | 0.71 | 0.62 | 0.75 | 0.96 | 0.74 | 0.40 | 0.43 | 0.60 | 0.31 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,513,000K ÷ $5,830,000K
= 0.77
The current ratio measures a company's ability to meet its short-term liabilities with its short-term assets. A current ratio of less than 1 indicates that a company may have difficulty meeting its short-term obligations.
For Williams Cos Inc, the current ratio has varied over the past eight quarters. In Q2 2023, the current ratio was notably low at 0.49, indicating potential liquidity concerns. This was followed by an improvement in the subsequent quarters, reaching 0.77 in Q4 2023 and Q3 2023.
Overall, the company's current ratio has demonstrated some volatility but has generally remained below 1 in recent quarters. This suggests that Williams Cos Inc may have had challenges in meeting its short-term obligations with its current assets during this period. Further analysis and monitoring of the company's liquidity position would be advisable to assess its financial health accurately.
Peer comparison
Dec 31, 2023