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Energy Fuels (Energy Fuels) Current Ratio : 22.46 (As of Dec. 2023)


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What is Energy Fuels Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Energy Fuels's current ratio for the quarter that ended in Dec. 2023 was 22.46.

Energy Fuels has a current ratio of 22.46. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Energy Fuels's Current Ratio or its related term are showing as below:

UUUU' s Current Ratio Range Over the Past 10 Years
Min: 1.91   Med: 5.62   Max: 24.42
Current: 22.46

During the past 13 years, Energy Fuels's highest Current Ratio was 24.42. The lowest was 1.91. And the median was 5.62.

UUUU's Current Ratio is ranked better than
93.3% of 179 companies
in the Other Energy Sources industry
Industry Median: 1.61 vs UUUU: 22.46

Energy Fuels Current Ratio Historical Data

The historical data trend for Energy Fuels's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Energy Fuels Current Ratio Chart

Energy Fuels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 4.26 24.42 7.28 22.46

Energy Fuels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.28 28.08 25.13 26.90 22.46

Competitive Comparison of Energy Fuels's Current Ratio

For the Uranium subindustry, Energy Fuels's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Energy Fuels's Current Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Energy Fuels's Current Ratio distribution charts can be found below:

* The bar in red indicates where Energy Fuels's Current Ratio falls into.



Energy Fuels Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Energy Fuels's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=232.695/10.36
=22.46

Energy Fuels's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=232.695/10.36
=22.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Energy Fuels  (AMEX:UUUU) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Energy Fuels Current Ratio Related Terms

Thank you for viewing the detailed overview of Energy Fuels's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Energy Fuels (Energy Fuels) Business Description

Traded in Other Exchanges
Address
225 Union Boulevard, Suite 600, Lakewood, CO, USA, 80228
Energy Fuels Inc is a United States-based critical minerals company. The Company mines uranium and produces natural uranium concentrates that are sold to nuclear utilities for the production of carbon-free nuclear energy. It holds two of America's key uranium production centers: The White Mesa Mill in Utah, and the Nichols Ranch ISR Facility in Wyoming. Its producing White Mesa Mill is the only conventional uranium mill in the United States and has a licensed capacity of approximately 8 million pounds of U3O8 per year. Nichols Ranch is in production and has a licensed capacity of approximately 2 million pounds of U3O8 per year. It also produces vanadium. Energy Fuels also owns several licensed and developed uranium and vanadium mines on standby and other projects in development.
Executives
Daniel Kapostasy officer: VP, Technical Services C/O ENERGY FUELS INC., 225 UNION BLVD., SUITE 600, LAKEWOOD CO 80228
Logan Shumway officer: VP, Processing Operations C/O ENERGY FUELS INC., 225 UNION BLVD., SUITE 600, LAKEWOOD CO 80228
Bernard Bonifas officer: VP, ISR Operations C/O ENERGY FUELS INC., 225 UNION BLVD., SUITE 600, LAKEWOOD CO 80228
Curtis Moore officer: VP Mktg & Corp. Development C/O ENERGY FUELS INC., 225 UNION BLVD., SUITE 600, LAKEWOOD CO 80228
Barbara Appelin Filas director 321 COUNTRY CLUB PARK ROAD, GRAND JUNCTION CO 81507
Dennis Lyle Higgs director SUITE 1410, 800 WEST PENDER STREET, VANCOUVER A1 V6C 2V6
J. Birks Bovaird director C/O ENERGY FUELS INC., 225 UNION BLVD., SUITE 600, LAKEWOOD CO 80228
John Uhrie officer: Chief Operating Officer C/O ENERGY FUELS INC., 225 UNION BLVD., SUITE 600, LAKEWOOD CO 80228
Tom L Brock officer: Chief Financial Officer 1614 15TH STREET, SUITE 300, DENVER CO 80202
Alex G Morrison director 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Sarai Luksch officer: Chief Accounting Officer and, other: Controller C/O ENERGY FUELS INC., 225 UNION BLVD., SUITE 600, LAKEWOOD CO 80228
Robert W. Kirkwood director C/O ENERGY FUELS INC, 225 UNION BLVD., SUITE 600, LAKEWOOD CO 80228
Jaqueline Herrera director C/O ENERGY FUELS INC., 225 UNION BLVD., SUITE 600, LAKEWOOD CO 80228
Ivy Estabrooke director C/O ENERGY FUELS INC., 225 UNION BLVD., SUITE 600, LAKEWOOD CO 80228
Benjamin Iii Eshleman director C/O ENERGY FUELS INC, 225 UNION BLVD., SUITE 600, LAKEWOOD CO 80228

Energy Fuels (Energy Fuels) Headlines

From GuruFocus

Energy Fuels Announces Election of Directors

By PRNewswire PRNewswire 07-15-2022