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NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Ho...
The following section summarizes insights on NRG Energy Inc's Quick Ratio:
To view the full list of supported financial metrics please see Complete Metrics Listing.
A ratio used to assess a company's short-term liquidity.
Quick Ratio or acid-test or liquidity ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick Ratio is defined as:
(Cash & ST Investments
(+) Accounts Receivable)
(/) Current Liabilities
(=) Quick Ratio
Quick Ratio for NRG Energy is calculated as follows:
(Cash & ST Investments [ 966 M ]
(+) Accounts Receivable [ 3.488 B ]
(/) Current Liabilities [ 8.813 B ]
(=) Quick Ratio [ 0.5x ]
The tables below summarizes the trend in NRG Energy’s quick ratio over the last five years:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2020-12-31 | 3.905 B | 871 M | 1.915 B | 2.5x |
| 2021-12-31 | 250 M | 3.063 B | 7.915 B | 0.4x |
| 2022-12-31 | 430 M | 4.773 B | 12.982 B | 0.4x |
| 2023-12-31 | 553 M | 3.542 B | 9.5 B | 0.4x |
| 2024-12-31 | 966 M | 3.488 B | 8.813 B | 0.5x |
The tables below summarizes the trend in NRG Energy’s quick ratio over the last four quarters:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2024-03-31 | 299 M | 3.221 B | 9.176 B | 0.4x |
| 2024-06-30 | 396 M | 3.402 B | 8.302 B | 0.5x |
| 2024-09-30 | 1.106 B | 3.258 B | 7.348 B | 0.6x |
| 2024-12-31 | 966 M | 3.488 B | 8.813 B | 0.5x |
Read more on Wikipedia: Quick Ratio
The chart above depicts the distribution of quick ratio for companies operating in the Utilities sector in the Developed economic region. Over 345 companies were considered in this analysis, and 336 had meaningful values. The average quick ratio of companies in the sector is 1.0x with a standard deviation of 1.2x.
NRG Energy Inc's Quick Ratio of 0.5x ranks in the 37.8% percentile for the sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 350 |
| Included Constituents | 336 |
| Min | 0.0x |
| Max | 8.0x |
| Median | 0.6x |
| Mean | 1.0x |
| Standard Deviation | 1.2x |
You can find companies with similar quick ratio using this stock screener.