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Constellation Energy Corporation (CEG) |
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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?
Select the Comparisons :
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Select the Ratio:
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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) |
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(June 30, 2009) |
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
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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) |
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(Sep. 30, 2009) |
Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Electric Utilities Industry | Working Capital Ratio | Dec 31 2023 MRQ Current Assets | Dec 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 |
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