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Antero Midstream Corporation (NYSE: AM) |
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Antero Midstream's Working Capital Ratio
AM's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Antero Midstream's Current Assets grew by 18.21 % in the Q4 2024 sequentially, faster than Current Liabilities, this led to improvement in Antero Midstream's Working Capital Ratio to 1.17, Working Capital Ratio remained below Antero Midstream Corporation average.
Within Natural Gas Utilities industry 7 other companies have achieved higher Working Capital Ratio than Antero Midstream in forth quarter 2024. While Working Capital Ratio total ranking has improved so far during the Q4 2024 to 1091, from total ranking in the third quarter 2024 at 2608.
Explain Working Capital Ratio
How much Current Assetss AMīs has?
What are AMīs Current Liabilities?
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Select the Comparisons :
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Select the Ratio:
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| AM Working Capital Ratio |
(Dec 31 2024)
Q4 |
(Sep 30 2024)
Q3 |
(Jun 30 2024)
Q2 |
(Mar 31 2024)
Q1 |
(Dec 31 2023)
Q4 |
| Y / Y Current Liabilities Change |
4.35 % |
-5.27 % |
13.61 % |
0.88 % |
-22.1 % |
| Y / Y Current Assets Change |
29.56 % |
6.36 % |
16.41 % |
65.49 % |
18.26 % |
| Working Capital Ratio MRQ |
1.17 |
1.09 |
0.89 |
1.25 |
0.95 |
| AM's Total
Ranking |
# 1091 |
# 2608 |
# 3429 |
# 2214 |
# 729 |
| Seq. Current Liabilities Change |
9.93 % |
-21.08 % |
8.06 % |
11.31 % |
-0.2 % |
| Seq. Current Assets Change |
18.21 % |
-3.59 % |
-22.51 % |
46.7 % |
-2.96 % |
| Working Capital Ratio forth quarter 2024 Company Ranking |
| Within: |
No. |
| Natural Gas Utilities Industry |
# 8 |
| Utilities Sector |
# 15 |
| Overall Market |
# 1091 |
| Working Capital Ratio Statistics |
| High |
Average |
Low |
| 9.5 |
1.75 |
0.42 |
| (Jun 30 2015) |
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(Sep 30 2019) |
Cumulative Antero Midstream's Working Capital Ratio
AM's Working Capital Ratio for the trailling 12 Months
AM Working Capital Ratio |
(Dec 31 2024)
12 Months |
(Sep 30 2024)
12 Months |
(Jun 30 2024)
12 Months |
(Mar 31 2024)
12 Months |
(Dec 31 2023)
12 Months |
| Y / Y Current Liabilities TTM Growth |
3.47 % |
-4.11 % |
-11.68 % |
-16.73 % |
-18.99 % |
| Y / Y Current Assets TTM Growth |
28.3 % |
25.69 % |
29.1 % |
26.64 % |
7.96 % |
| Working Capital Ratio TTM |
1.1 |
1.04 |
1.01 |
1.01 |
0.88 |
| Total Ranking TTM |
# 2518
| # 2809
| # 2026
| # 1752
| # 806
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| Seq. Current Liabilities TTM Growth |
1.02 % |
-1.22 % |
3.45 % |
0.23 % |
-6.38 % |
| Seq. Current Assets TTM Growth |
6.29 % |
1.41 % |
3.58 % |
14.91 % |
4.13 % |
On the trailing twelve months basis AM Current Assets grew by 29.56 % in Q4 2024 year on year, faster than Current Liabilities, this led to increase in in Antero Midstream's Working Capital Ratio to 1.1, Working Capital Ratio remained below AM average. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Natural Gas Utilities industry 40 other companies have achieved higher Working Capital Ratio than Antero Midstream. While Working Capital Ratio overall ranking has improved so far to 2518, from total ranking during the twelve months ending third quarter 2024 at 2809.
Explain Working Capital Ratio
How much Current Assetss AMīs has?
What are AMīs Current Liabilities?
| TTM Working Capital Ratio Company Ranking |
| Within: |
No. |
| Within the Natural Gas Utilities Industry |
# 41 |
| Utilities Sector |
# 96 |
| Within the Market |
# 2518 |
| trailing twelve months Working Capital Ratio Statistics |
| High |
Average |
Low |
| 2.67 |
1.44 |
0.52 |
| (Aug. 31, 2005) |
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(Dec 31 2019) |
| Companies with similar Working Capital Ratio in the quarter ending Dec 31 2024, within Natural Gas Utilities Industry | Working Capital Ratio | Dec 31 2024 MRQ Current Assets | Dec 31 2024 MRQ Current Liabilities | | Clean Energy Fuels Corp | 2.67 | $ 413.768 Millions | $ 154.722 Millions | | Hf Sinclair Corporation | 1.92 | $ 5,696.000 Millions | $ 2,966.000 Millions | | Centuri Holdings Inc | 1.83 | $ 601.384 Millions | $ 329.328 Millions | | Delek Logistics Partners Lp | 1.75 | $ 145.892 Millions | $ 83.438 Millions | | Montauk Renewables Inc | 1.71 | $ 57.224 Millions | $ 33.528 Millions | | Kodiak Gas Services Inc | 1.56 | $ 383.661 Millions | $ 246.294 Millions | | Atmos Energy Corp | 1.56 | $ 1,828.127 Millions | $ 1,174.848 Millions | | Stabilis Solutions Inc | 1.50 | $ 17.473 Millions | $ 11.627 Millions | | Archrock inc | 1.28 | $ 233.122 Millions | $ 181.672 Millions | | South Bow Corporation | 1.25 | $ 2,198.000 Millions | $ 1,761.000 Millions | | Cheniere Energy Inc | 1.25 | $ 4,801.000 Millions | $ 3,849.000 Millions | | Usa Compression Partners Lp | 1.23 | $ 234.996 Millions | $ 190.678 Millions | | Ngl Energy Partners Lp | 1.20 | $ 1,015.868 Millions | $ 846.453 Millions | | Antero Midstream Corporation | 1.17 | $ 118.064 Millions | $ 100.612 Millions | | Boardwalk Pipeline Partners Lp | 1.16 | $ 401.100 Millions | $ 345.600 Millions | | Opal Fuels Inc | 1.13 | $ 117.188 Millions | $ 103.596 Millions | | Energy Transfer Lp | 1.12 | $ 14,202.000 Millions | $ 12,656.000 Millions | | Western Midstream Partners Lp | 1.09 | $ 1,847.190 Millions | $ 1,691.694 Millions | | Genesis Energy Lp | 1.06 | $ 911.733 Millions | $ 858.755 Millions | | New Fortress Energy Inc | 1.02 | $ 1,610.110 Millions | $ 1,579.056 Millions | | Mplx Lp | 1.01 | $ 3,276.000 Millions | $ 3,235.000 Millions | | Ugi Corporation | 1.00 | $ 2,047.000 Millions | $ 2,039.000 Millions | | Enterprise Products Partners L p | 1.00 | $ 15,133.000 Millions | $ 15,177.000 Millions | | Plains All American Pipeline Lp | 0.97 | $ 4,802.000 Millions | $ 4,950.000 Millions | | Plains Gp Holdings Lp | 0.97 | $ 4,776.000 Millions | $ 4,924.000 Millions | | Oneok Inc | 0.90 | $ 4,238.000 Millions | $ 4,719.000 Millions | | New Jersey Resources Corporation | 0.89 | $ 730.704 Millions | $ 818.665 Millions | | Northwest Natural Holding Company | 0.86 | $ 557.774 Millions | $ 649.017 Millions | | Southwest Gas Holdings Inc | 0.80 | $ 1,464.475 Millions | $ 1,832.097 Millions | | Cheniere Energy Partners L p | 0.77 | $ 1,325.000 Millions | $ 1,712.000 Millions |
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