As of May 31, 2025, American Electric Power Company Inc (AEP) reports a Current Ratio of 0.45.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of American Electric Power Company Inc's Current Ratio
Over recent years, American Electric Power Company Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 0.45 |
| 2023-12-31 | 0.53 |
| 2022-12-31 | 0.51 |
| 2021-12-31 | 0.63 |
| 2020-12-31 | 0.44 |
This slight downward trend highlights how American Electric Power Company Inc manages its short-term assets and liabilities over time.
Comparing American Electric Power Company Inc's Current Ratio to Peers
To better understand American Electric Power Company Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| American Electric Power Company Inc (AEP) | 0.45 |
| Hawaiian Electric Industries Inc (HE) | 2.71 |
| Genie Energy Ltd (GNE) | 2.07 |
| Otter Tail Corp (OTTR) | 2.03 |
| MGE Energy Inc (MGEE) | 1.81 |
| Idacorp Inc (IDA) | 1.41 |
Compared to its competitors, American Electric Power Company Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.