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Constellation Energy Corporation  (CEG)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities

Constellation Energy's Working Capital Ratio

CEG's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the forth quarter 2023, Working Capital Ratio fell to 1.31 below Constellation Energy Corporation average.

Within Electric Utilities industry 8 other companies have achieved higher Working Capital Ratio than Constellation Energy in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 1718, from total ranking in the third quarter 2023 at 2292.

Explain Working Capital Ratio
How much in Current Assets CEG´s has?
What is the value of CEG´s Current Liabilities?


CEG Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -19.39 % -33.27 % -11.11 % -7.57 % -1.96 %
Y / Y Current Assets Change -11.34 % 0.5 % -6.37 % -7.52 % 17.28 %
Working Capital Ratio MRQ 1.31 1.88 1.45 1.36 1.19
CEG's Total Ranking # 1718 # 2292 # 1081 # 1056 # 725
Seq. Current Liabilities Change 20.06 % 0.73 % -12.14 % -24.14 % -0.61 %
Seq. Current Assets Change -16.19 % 30.72 % -6.57 % -13.38 % -5 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Electric Utilities Industry # 9
Utilities Sector # 20
Overall Market # 1718


Working Capital Ratio Statistics
High Average Low
1.98 1.38 0.89
(June 30, 2010)   (June 30, 2009)




Financial Statements
Constellation Energy's Current Liabilities $ 6,319 Millions Visit CEG's Balance sheet
Constellation Energy's Current Assets $ 8,299 Millions Visit CEG's Balance sheet
Source of CEG's Sales Visit CEG's Sales by Geography


Cumulative Constellation Energy's Working Capital Ratio

CEG's Working Capital Ratio for the trailling 12 Months

CEG Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -19.39 % -33.27 % -11.11 % -7.57 % -1.96 %
Y / Y Current Assets TTM Growth -11.34 % 0.5 % -6.37 % -7.52 % 17.28 %
Working Capital Ratio TTM 1.49 1.44 1.3 1.29 1.29
Total Ranking TTM # 1428 # 1827 # 4119 # 1954 # 3822
Seq. Current Liabilities TTM Growth 20.06 % 0.73 % -12.14 % -24.14 % -0.61 %
Seq. Current Assets TTM Growth -16.19 % 30.72 % -6.57 % -13.38 % -5 %


On the trailing twelve months basis Current Liabilities decreased faster than Constellation Energy's average Current Assets, this led to increase in in Constellation Energy's Working Capital Ratio to 1.49, above CEG average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Electric Utilities industry 8 other companies have achieved higher Working Capital Ratio than Constellation Energy. While Working Capital Ratio overall ranking has improved so far to 1428, from total ranking during the twelve months ending third quarter 2023 at 1827.

Explain Working Capital Ratio
How much in Current Assets CEG´s has?
What is the value of CEG´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Electric Utilities Industry # 9
Utilities Sector # 16
Within the Market # 1428


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.95 1.36 1.03
(Dec. 31, 2010)   (Sep. 30, 2009)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Electric Utilities Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Kenon Holdings Ltd  3.05 $ 1,096.041  Millions$ 358.799  Millions
Ocean Power Technologies Inc   2.49 $ 17.544  Millions$ 7.035  Millions
Genie Energy Ltd   2.34 $ 229.833  Millions$ 98.252  Millions
Altus Power Inc   2.15 $ 228.797  Millions$ 106.510  Millions
Via Renewables Inc   1.99 $ 158.973  Millions$ 79.996  Millions
Otter Tail Corporation  1.84 $ 570.170  Millions$ 309.757  Millions
Clearway Energy Inc   1.72 $ 1,560.000  Millions$ 906.000  Millions
Idacorp Inc   1.58 $ 1,004.054  Millions$ 634.076  Millions
Nextera Energy Partners Lp  1.33 $ 2,216.000  Millions$ 1,671.000  Millions
Constellation Energy Corporation  1.31 $ 8,299.000  Millions$ 6,319.000  Millions
Allete Inc   1.24 $ 468.100  Millions$ 377.600  Millions
Ormat Technologies Inc   1.20 $ 646.003  Millions$ 537.012  Millions
Vistra Corp   1.18 $ 11,637.000  Millions$ 9,823.000  Millions
Oncor Electric Delivery Company Llc  1.11 $ 1,433.000  Millions$ 1,287.000  Millions
Nrg Energy inc  1.02 $ 9,727.000  Millions$ 9,500.000  Millions
Consolidated Edison Inc   1.01 $ 6,537.000  Millions$ 6,462.000  Millions
Wisconsin Public Service Corporation  0.87 $ 503.300  Millions$ 580.000  Millions
Nisource Inc   0.86 $ 4,537.700  Millions$ 5,265.100  Millions
Dpl Inc   0.86 $ 363.100  Millions$ 423.700  Millions
Portland General Electric Company  0.86 $ 935.000  Millions$ 1,092.000  Millions
Sunnova Energy International Inc   0.85 $ 936.248  Millions$ 1,095.292  Millions
Pg and e Corp  0.83 $ 14,383.000  Millions$ 17,314.000  Millions
Emera Incorporated  0.82 $ 2,840.328  Millions$ 3,480.704  Millions
Wisconsin Electric Power Company  0.81 $ 1,205.300  Millions$ 1,484.900  Millions
Edison International  0.79 $ 6,811.000  Millions$ 8,598.000  Millions
Centerpoint Energy Inc   0.78 $ 3,027.000  Millions$ 3,864.000  Millions
Northwestern Energy Group Inc   0.77 $ 407.006  Millions$ 531.560  Millions
Berkshire Hathaway Energy Company  0.76 $ 10,198.000  Millions$ 13,421.000  Millions
Duke Energy Corporation  0.74 $ 12,769.000  Millions$ 17,283.000  Millions
Xcel Energy Inc  0.72 $ 4,069.000  Millions$ 5,652.000  Millions

Date modified: 2024-02-28T14:15:59+00:00



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