Williams Companies Inc (WMB)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 60,000 | 2,150,000 | 152,000 | 1,680,000 | 142,000 |
| Short-term investments | US$ in thousands | — | — | — | — | 5,159,000 |
| Receivables | US$ in thousands | 1,863,000 | 1,655,000 | 2,723,000 | 1,978,000 | 999,000 |
| Total current liabilities | US$ in thousands | 5,312,000 | 5,830,000 | 4,890,000 | 4,972,000 | 2,319,000 |
| Quick ratio | 0.36 | 0.65 | 0.59 | 0.74 | 2.72 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($60,000K
+ $—K
+ $1,863,000K)
÷ $5,312,000K
= 0.36
The quick ratio of Williams Companies Inc has shown a significant decrease over the years, from 2.72 in December 31, 2020, to 0.36 in December 31, 2024. This indicates a declining trend in the company's ability to cover its short-term liabilities with its most liquid assets. A quick ratio below 1 suggests potential liquidity issues, as the company may not have enough quick assets (such as cash and marketable securities) to meet its current obligations. It is important for Williams Companies Inc to closely monitor and manage its liquidity position to ensure it can meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024