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Duke Energy Corporation (DUK) |
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Duke Energy's Working Capital Ratio
DUK's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Duke Energy's Current Assets grew by 3.85 % in the II Quarter 2024 sequentially, while Current Liabilities decreased, this led to improvement in Duke Energy's Working Capital Ratio to 0.81, Working Capital Ratio remained below Duke Energy Corporation average.
Within Electric Utilities industry 32 other companies have achieved higher Working Capital Ratio than Duke Energy in second quarter 2024. While Working Capital Ratio total ranking in the second quarter 2024 has deteriorated compared to the prior quarter from 1950 to 2483.
Explain Working Capital Ratio
How much in Current Assets DUK´s has?
What is the value of DUK´s Current Liabilities?
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Select the Comparisons :
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Select the Ratio:
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| DUK Working Capital Ratio |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Current Liabilities Change |
-10.89 % |
-2.93 % |
-8.42 % |
1.47 % |
5.02 % |
| Y / Y Current Assets Change |
-4.06 % |
-1.81 % |
-3.43 % |
0.59 % |
13.21 % |
| Working Capital Ratio MRQ |
0.81 |
0.78 |
0.74 |
0.76 |
0.75 |
| DUK's Total
Ranking |
# 2483 |
# 1950 |
# 1703 |
# 1992 |
# 1231 |
| Seq. Current Liabilities Change |
-0.41 % |
-10.05 % |
0.72 % |
-1.24 % |
8.49 % |
| Seq. Current Assets Change |
3.85 % |
-5.31 % |
-2.14 % |
-0.31 % |
6.29 % |
| Working Capital Ratio second quarter 2024 Company Ranking |
| Within: |
No. |
| Electric Utilities Industry |
# 33 |
| Utilities Sector |
# 66 |
| Overall Market |
# 2483 |
| Working Capital Ratio Statistics |
| High |
Average |
Low |
| 1.65 |
0.97 |
0.49 |
| (Dec. 30, 2010) |
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(Mar 31 2021) |
Cumulative Duke Energy's Working Capital Ratio
DUK's Working Capital Ratio for the trailling 12 Months
DUK Working Capital Ratio |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Current Liabilities TTM Growth |
-10.89 % |
-2.93 % |
-8.42 % |
1.47 % |
5.02 % |
| Y / Y Current Assets TTM Growth |
-4.06 % |
-1.81 % |
-3.43 % |
0.59 % |
13.21 % |
| Working Capital Ratio TTM |
0.77 |
0.76 |
0.76 |
0.74 |
0.75 |
| Total
Ranking TTM |
# 1617
| # 2993
| # 1629
| # 3927
| # 5919
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| Seq. Current Liabilities TTM Growth |
-0.41 % |
-10.05 % |
0.72 % |
-1.24 % |
8.49 % |
| Seq. Current Assets TTM Growth |
3.85 % |
-5.31 % |
-2.14 % |
-0.31 % |
6.29 % |
On the trailing twelve months basis Current Liabilities decreased faster than Duke Energy's average Current Assets, this led to increase in in Duke Energy's Working Capital Ratio to 0.77, Working Capital Ratio remained below DUK average. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Electric Utilities industry 23 other companies have achieved higher Working Capital Ratio than Duke Energy. While Working Capital Ratio overall ranking has improved so far to 1617, from total ranking during the twelve months ending first quarter 2024 at 2993.
Explain Working Capital Ratio
How much in Current Assets DUK´s has?
What is the value of DUK´s Current Liabilities?
| TTM Working Capital Ratio Company Ranking |
| Within: |
No. |
| Within the Electric Utilities Industry |
# 24 |
| Utilities Sector |
# 51 |
| Within the Market |
# 1617 |
| trailing twelve months Working Capital Ratio Statistics |
| High |
Average |
Low |
| 1.52 |
0.96 |
0.52 |
| (March 31, 2011) |
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(Jun 30 2021) |
| Companies with similar Working Capital Ratio in the quarter ending Jun 30 2024, within Electric Utilities Industry | Working Capital Ratio | Jun 30 2024 MRQ Current Assets | Jun 30 2024 MRQ Current Liabilities | | Idacorp Inc | 1.55 | $ 814.439 Millions | $ 525.632 Millions | | Allete Inc | 1.45 | $ 432.200 Millions | $ 297.600 Millions | | Clearway Energy Llc | 1.43 | $ 1,005.000 Millions | $ 704.000 Millions | | Constellation Energy Corporation | 1.35 | $ 7,852.000 Millions | $ 5,801.000 Millions | | Nextera Energy Partners Lp | 1.30 | $ 1,500.000 Millions | $ 1,150.000 Millions | | Centerpoint Energy Inc | 1.20 | $ 4,080.000 Millions | $ 3,410.000 Millions | | Nrg Energy Inc | 1.18 | $ 9,806.000 Millions | $ 8,302.000 Millions | | Ppl Corporation | 1.14 | $ 2,874.000 Millions | $ 2,515.000 Millions | | Puget Energy Inc | 1.11 | $ 1,793.680 Millions | $ 1,615.581 Millions | | Consolidated Edison Inc | 1.04 | $ 6,487.000 Millions | $ 6,216.000 Millions | | Exelon Corporation | 1.03 | $ 8,557.000 Millions | $ 8,275.000 Millions | | Edison International | 1.03 | $ 8,512.000 Millions | $ 8,274.000 Millions | | Berkshire Hathaway Energy Company | 1.02 | $ 12,457.000 Millions | $ 12,229.000 Millions | | Ipalco Enterprises Inc | 1.00 | $ 676.899 Millions | $ 675.771 Millions | | Portland General Electric Company | 1.00 | $ 848.000 Millions | $ 850.000 Millions | | Hallador Energy Co | 0.99 | $ 103.907 Millions | $ 104.563 Millions | | Pnm Resources Inc | 0.98 | $ 880.503 Millions | $ 898.081 Millions | | Vistra Corp | 0.98 | $ 9,826.000 Millions | $ 10,057.000 Millions | | Ormat Technologies Inc | 0.97 | $ 516.995 Millions | $ 530.732 Millions | | Sunnova Energy International Inc | 0.97 | $ 1,053.217 Millions | $ 1,087.598 Millions | | Xcel Energy Inc | 0.97 | $ 5,699.000 Millions | $ 5,900.000 Millions | | Itc Holdings Corp | 0.94 | $ 470.000 Millions | $ 502.000 Millions | | Altus Power Inc | 0.91 | $ 119.941 Millions | $ 131.886 Millions | | Pg and e Corp | 0.90 | $ 16,739.000 Millions | $ 18,543.000 Millions | | Wisconsin Public Service Corporation | 0.86 | $ 469.200 Millions | $ 545.200 Millions | | Entergy Corporation | 0.82 | $ 4,491.824 Millions | $ 5,487.180 Millions | | Duke Energy Corporation | 0.81 | $ 12,557.000 Millions | $ 15,482.000 Millions | | Nisource Inc | 0.78 | $ 1,943.800 Millions | $ 2,508.000 Millions | | Eversource Energy | 0.75 | $ 4,672.622 Millions | $ 6,253.149 Millions | | Wec Energy Group Inc | 0.74 | $ 2,584.100 Millions | $ 3,491.600 Millions |
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