NiSource Inc.

NiSource Inc.verified

NIMC

Price:

$99.69

Market Cap:

$17.21B

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approxi...[Read more]

Industry

Regulated Gas

IPO Date

2021-04-14

Stock Exchange

NYSE

Ticker

NIMC

The Current Ratio as of December 2024 (TTM) for NiSource Inc. (NIMC) is 0.46

According to NiSource Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.46. This represents a change of -32.62% compared to the average of 0.69 of the last 4 quarters.

NiSource Inc. (NIMC) Historical Current Ratio (quarterly & annually)

How has NIMC Current Ratio performed in the past?

The mean historical Current Ratio of NiSource Inc. over the last ten years is 0.61. The current 0.46 Current Ratio has changed 7.47% with respect to the historical average. Over the past ten years (40 quarters), NIMC's Current Ratio was at its highest in in the June 2015 quarter at 0.93. The Current Ratio was at its lowest in in the September 2018 quarter at 0.40.

Quarterly (TTM)
Annual

Average

0.61

Median

0.57

Minimum

0.49

Maximum

0.85

NiSource Inc. (NIMC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NiSource Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 54.11%

Maximum Annual Current Ratio = 0.85

Minimum Annual Increase = -20.72%

Minimum Annual Current Ratio = 0.49

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.8554.11%
20220.55-20.72%
20210.70-3.92%
20200.7347.09%
20190.49-2.80%
20180.51-8.22%
20170.558.69%
20160.51-14.00%
20150.59-4.84%
20140.62-8.20%

NiSource Inc. (NIMC) Average Current Ratio

How has NIMC Current Ratio performed in the past?

The current Current Ratio of NiSource Inc. (NIMC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.70

5-year avg

0.67

10-year avg

0.61

NiSource Inc. (NIMC) Current Ratio vs. Peers

How is NIMC’s Current Ratio compared to its peers?

NiSource Inc.’s Current Ratio is less than UGI Corporation (0.80), less than The AES Corporation (0.85), greater than PG&E Corporation (0.29), less than NiSource Inc. (0.46), less than Algonquin Power & Utilities Corp. (0.92),

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Frequently asked questions❓

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