Xcel Energy Inc (XEL)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 179,000 | 1,545,000 | 1,598,000 | 501,000 | 129,000 | 594,000 | 275,000 | 114,000 | 111,000 | 117,000 | 335,000 | 90,000 | 166,000 | 631,000 | 538,000 | 1,039,000 | 129,000 | 885,000 | 1,625,000 | 244,000 |
| Short-term investments | US$ in thousands | — | 179,000 | 234,000 | 86,000 | 104,000 | 146,000 | 233,000 | 97,000 | 279,000 | 456,000 | 95,000 | 125,000 | 123,000 | 228,000 | 148,000 | 25,000 | 18,000 | 19,000 | 18,000 | 24,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick ratio | 0.03 | 0.29 | 0.31 | 0.11 | 0.04 | 0.15 | 0.10 | 0.04 | 0.06 | 0.12 | 0.09 | 0.04 | 0.06 | 0.15 | 0.14 | 0.22 | 0.03 | 0.21 | 0.30 | 0.05 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($179,000K
+ $—K
+ $—K)
÷ $6,459,000K
= 0.03
The quick ratio of Xcel Energy Inc has shown fluctuations over the period covered, ranging from as low as 0.03 to as high as 0.31. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio below 1 suggests that the company may have difficulty meeting its short-term liabilities.
Based on the data provided, the quick ratio of Xcel Energy Inc has generally been below 1, indicating that the company may have had some challenges in meeting its short-term obligations with its quick assets during this period. It is important for stakeholders to monitor this ratio to ensure the company's liquidity position remains healthy.
Peer comparison
Dec 31, 2024