Xcel Energy Inc (XEL)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 4,325,000 | 5,469,000 | 5,699,000 | 4,489,000 | 4,069,000 | 4,402,000 | 4,201,000 | 4,253,000 | 5,144,000 | 5,090,000 | 4,842,000 | 4,022,000 | 4,239,000 | 4,487,000 | 4,147,000 | 4,315,000 | 3,275,000 | 3,837,000 | 4,390,000 | 2,983,000 |
| Total current liabilities | US$ in thousands | 6,459,000 | 5,858,000 | 5,900,000 | 5,210,000 | 5,652,000 | 5,073,000 | 5,231,000 | 5,661,000 | 6,078,000 | 4,903,000 | 4,865,000 | 5,352,000 | 5,046,000 | 5,764,000 | 4,950,000 | 4,877,000 | 4,239,000 | 4,393,000 | 5,473,000 | 5,839,000 |
| Current ratio | 0.67 | 0.93 | 0.97 | 0.86 | 0.72 | 0.87 | 0.80 | 0.75 | 0.85 | 1.04 | 1.00 | 0.75 | 0.84 | 0.78 | 0.84 | 0.88 | 0.77 | 0.87 | 0.80 | 0.51 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,325,000K ÷ $6,459,000K
= 0.67
The current ratio of Xcel Energy Inc has shown fluctuations over the past few years. As of December 31, 2024, the current ratio stands at 0.67, indicating that the company may have difficulty meeting its short-term obligations with its current assets. However, it's worth noting that the current ratio has been varying between 0.67 to 1.04 over the last few quarters, showing some instability in the company's liquidity position. Investors and creditors should continue to monitor Xcel Energy's current ratio to assess the company's ability to cover its short-term liabilities effectively.
Peer comparison
Dec 31, 2024