As of May 27, 2025, Chesapeake Energy Corp (CHK) reports a Current Ratio of 1.99.
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 Chesapeake Energy Corp's Current Ratio
Over recent years, Chesapeake Energy Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2023-12-31 | 1.99 |
| 2022-12-31 | 1.00 |
| 2021-12-31 | 0.86 |
| 2020-12-31 | 0.36 |
| 2019-12-31 | 0.52 |
This slight downward trend highlights how Chesapeake Energy Corp manages its short-term assets and liabilities over time.
Comparing Chesapeake Energy Corp's Current Ratio to Peers
To better understand Chesapeake Energy Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Chesapeake Energy Corp (CHK) | 1.99 |
| Texas Pacific Land Corp (TPL) | 10.56 |
| EOG Resources Inc (EOG) | 2.10 |
| Conocophillips (COP) | 1.29 |
| APA Corp (US) (APA) | 1.15 |
| Hess Corp (HES) | 1.12 |
Compared to its competitors, Chesapeake Energy Corp's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.