Can Liberty Energy cover its short-term obligations?

Its current ratio is 2.21 — current assets exceed current liabilities.

Where does Liberty Energy's balance sheet data come from?

Every line is extracted from Liberty Energy's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Liberty Energy LBRT Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$27.55M+37.9%	$19.98M-45.7%	$36.78M-15.8%	$43.68M+118%
Accounts receivable, net	$351.72M+775%	-$52.14M+62.8%	-$140.17M-134%	$410.31M+37.4%
Inventories	$188.13M-7.5%	$203.47M-1.2%	$205.87M-4.0%	$214.45M+59.3%
Prepaid expenses and other current assets	$56.92M-33.2%	$85.21M-31.4%	$124.14M+10.3%	$112.53M+64.7%
Total current assets	$877.97M+3.5%	$848.52M-11.1%	$954.25M-0.3%	$956.67M+51.8%
Property and equipment, net	$2.05B+8.6%	$1.89B+14.9%	$1.65B+20.8%	$1.36B+13.6%
Accumulated depreciation	$1.97B+2.6%	$1.92B+27.7%	$1.5B+31.5%	$1.14B+32.3%
Operating lease right-of-use assets	7.6%-7,332,199,992%	7,332,200,000%-1,931,800,000%	9,264,000,000%-459,200,000%	9,723,200,000%+9,723,199,996%
Deferred tax assets	$195.6M+42.0%	$137.73M+34.6%	$102.34M+9,703%	$1.04M-97.9%
Other non-current assets	$147.86M+23.8%	$119.4M-6.2%	$127.33M+20.9%	$105.3M+316%
Total investments	$99.42M-19.0%	$122.67M+8.6%	$112.96M+19.3%	$94.68M+49.4%
Total assets	$3.56B+7.9%	$3.3B+8.7%	$3.03B+17.8%	$2.58B+26.2%
Accounts payable	$358.62M+14.2%	$314.12M+6.9%	$293.73M-10.1%	$326.82M+13.2%
Accrued expenses	$87.71M-57.6%	$206.71M-20.8%	$261.07M-7.0%	$280.68M+19.4%
Deferred revenue	$7.89M-80.7%	$40.78M+689%	$5.17M+34.0%	$3.86M-15.2%
Current portion of long-term debt	$5.1M—	$0—	$0-100%	$1.02M+1.3%
Operating lease liabilities, current	$22.4M-21.6%	$28.57M+3.8%	$27.53M+0.9%	$27.29M-12.0%
Finance Lease Liability, Current	$94.2M+41.3%	$66.65M+67.2%	$39.87M+250%	$11.39M+30.3%
Income taxes payable	$0-100%	$9.69M-19.6%	$12.06M+426%	$2.29M-93.9%
Total current liabilities	$720.35M+8.1%	$666.52M+4.2%	$639.42M-1.6%	$649.5M+14.1%
Long-term debt	$241.51M+26.8%	$190.5M+36.1%	$140M-35.6%	$217.43M+79.0%
Operating lease liabilities, non-current	$41.79M-5.8%	$44.38M-30.9%	$64.26M-7.3%	$69.3M-10.0%
Finance Lease Liabilities (Total)	$307.5M+13.8%	$270.16M+55.7%	$173.52M+412%	$33.88M+157%
Operating Lease Liabilities (Total)	$64.18M-12.0%	$72.95M-20.5%	$91.79M-5.0%	$96.59M-10.6%
Finance lease liabilities	$213.3M+4.8%	$203.51M+52.3%	$133.65M+494%	$22.49M+406%
Total liabilities	$1.48B+12.3%	$1.32B+10.5%	$1.19B+10.5%	$1.08B+33.1%
Preferred stock	$0—	$0—	$0—	$0—
Additional paid-in capital	$978.38M+0.1%	$977.48M-10.6%	$1.09B-13.6%	$1.27B-7.4%
Retained earnings	$1.11B+9.1%	$1.02B+35.5%	$752.33M+221%	$234.53M+250%
Accumulated other comprehensive income (loss)	-$13.86M+29.8%	-$19.75M-225%	-$6.08M+17.7%	-$7.4M-2,317%
Total stockholders' equity	$2.08B+5.1%	$1.98B+7.5%	$1.84B+23.2%	$1.5B+23.2%
Total liabilities and stockholders' equity	$3.56B+7.9%	$3.3B+8.7%	$3.03B+17.8%	$2.58B+26.2%
Allowance for Doubtful Accounts	$886K+4.5%	$848K-9.7%	$939K+6.2%	$884K0.0%
Allowance for Doubtful Accounts Receivable (Current)	$886K+4.5%	$848K-9.7%	$939K+6.2%	$884K0.0%
Operating Lease Income - 2022 (Lessor)	——	——	——	$16.7M+63.6%
Operating Lease Income - 2025 (Lessor)	——	——	——	$0-100%
Operating Lease Receivables (Current)	——	——	——	$26.97M+6.6%
Unbilled Revenue	$253.65M+37.0%	$185.21M-2.0%	$188.94M+7.5%	$175.7M+61.3%
Accumulated Depreciation on Operating Lease Assets (Lessor)	$59.3M+43.8%	$41.22M+59.7%	$25.82M+126%	$11.41M+728%
Deferred Tax Assets and Other Non-Current Assets	$147.86M+23.8%	$119.4M—	——	$450K+105%
Net Investment in Lease	$99.42M-19.0%	$122.67M+8.6%	$112.96M+19.3%	$94.68M+49.4%
Operating lease right-of-use assets	$64.98M-11.4%	$73.32M-20.9%	$92.64M-4.7%	$97.23M-11.5%
Other non-current assets	$147.86M+23.8%	$119.4M—	——	$105.3M+28.0%
Operating Lease Income - 2026 (Lessor)	——	——	——	$0—
Operating Lease Income - 2027 (Lessor)	——	——	——	$1.05M-75.0%
Operating Lease Income - 2028 (Lessor)	——	——	——	$0-100%
Operating Lease Right-of-Use Assets in Other Assets	$64.98M-11.4%	$73.32M-20.9%	$92.64M-4.7%	$97.23M-11.5%
Software and Technology Licenses, Net	$147.86M+23.8%	$119.4M—	——	$105.3M+28.0%
Accrued Manufacturing Costs	$87.71M+14.3%	$76.75M-23.5%	$100.3M+18.5%	$84.67M+39.9%
Other Commercial Liabilities	$232.15M+12.3%	$206.71M-20.8%	$261.07M-7.0%	$280.68M+19.4%
Accrued Liabilities, Current	$232.15M+12.3%	$206.71M-20.8%	$261.07M-7.0%	$280.68M+19.4%
Compensation and benefits	$87.71M+14.3%	$76.75M-23.5%	$100.3M+18.5%	$84.67M+39.9%
Finance Lease Liability Payment Due	——	——	——	$39.27M+171%
Finance Lease Liability - Undiscounted Excess Amount	——	——	——	$5.38M+306%
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——
Lease Liability Payments - 2021	——	——	——	$11.74M+24.0%
Operating Lease Liability Payments - 2024 (Lessee)	——	——	——	$24.56M-1.5%
Operating Lease Liability Payments - 2025 (Lessee)	——	——	——	$11.11M-30.5%
Lease Liability Payments - Due Year Two	——	——	——	$7.3M+44.5%
Lease Liability Payments - Due Year Three	——	——	——	$22.24M+21.5%
Lease Liability Payments - Due Year Four	——	——	——	$11.11M-30.5%
Lease Liability Payments - Remainder of Fiscal Year	——	——	——	$31.07M-10.8%
Operating Lease Liability Payments Due	——	——	——	$108.06M-10.1%
Operating Lease Liability - Undiscounted Excess Amount	——	——	——	$11.47M-6.5%
Debt Maturity - 2024	——	——	——	——
Debt Maturity - 2025	——	——	——	$0—
Debt Maturity - 2027	——	——	——	$44.77M+3,209%
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$73K—	——	——	$1.27M-36.9%
Operating Lease Liability Payments - 2027 (Lessee)	——	——	——	$4.57M-45.5%
Operating Lease Liability Payments - 2028 (Lessee)	——	——	——	$11.11M-30.5%
Total debt	$618.29M+15.9%	$533.61M+31.7%	$405.31M+16.2%	$348.92M+43.2%
Total Carrying Value of Debt	——	——	——	$219.72M+76.5%
Convertible Preferred Stock Authorized Shares	10K0.0%	10K0.0%	10K0.0%	10K0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Operating Lease Income - 2023 (Lessor)	——	——	——	$1.05M-75.0%
Operating Lease Income - 2024 (Lessor)	——	——	——	$1.05M-75.0%
Income taxes payable – long-term	$66.87M-10.7%	$74.89M-33.4%	$112.47M-5.4%	$118.87M+217%
Accrued vendor invoices	$86.95M+18.2%	$73.59M-26.1%	$99.62M-16.8%	$119.8M+9.0%
Accounts Receivable, Allowance for Credit Loss	$886K+4.5%	$848K-9.7%	$939K+6.2%	$884K0.0%
Long-term debt, gross	——	——	——	$219.72M+76.5%
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	$73K—	——	——	$1.27M-36.9%
Deferred income taxes	$195.6M+42.0%	$137.73M+34.6%	$102.34M+9,703%	$1.04M+85.4%
Current maturities of long-term debt	$94.2M+41.3%	$66.65M+67.2%	$39.87M+250%	$11.39M+30.3%
Finance Lease Liability Payments Due	——	——	——	$39.27M+171%
Thereafter	——	——	——	——
2027	——	——	——	$11.74M+24.0%
Finance Lease Liability Payments Due Year Four	——	——	——	$12.66M—
Finance Lease Liability Payments Due Year Three	——	——	——	$7.41M—
Finance Lease Liability Payments Due Year Two	——	——	——	$7.3M+44.5%
Finance Lease Liability Undiscounted Excess Amount	——	——	——	$5.38M+306%
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$342.47M+21.0%	$283.11M+55.3%	$182.32M+336%	$41.77M+129%
Land available-for-sale	$4M—	$0-100%	$700K-36.4%	$1.1M—
Lessee Operating Lease Liability Payments Due	——	——	——	$108.06M-10.1%
Lessee Operating Lease Liability Payments Due After Year Four	——	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	——	——	——	$11.47M-6.5%
Thereafter	——	——	——	——
Remainder of fiscal 2026	——	——	——	——
2028	——	——	——	$217.97M+12,355%
2029	——	——	——	$0-100%
2030	——	——	——	$0—
2027	——	——	——	$1.75M0.0%
Remainder of 2026	——	——	——	——
Thereafter	——	——	——	——
Number of property available-for-sale	3—	——	1-50.0%	2—
Number of tax receivable agreements	——	——	——	——
Operating Lease Residual Value Of Leased Asset	——	——	——	$13.1M+12.9%
Operating Lease Weighted Average Discount Rate Percent	$0.08+13.4%	$0.07+11.7%	$0.06+30.4%	$0.05+9.5%
Operations accruals	$57.48M+2.0%	$56.38M-7.8%	$61.15M-15.5%	$72.35M+11.8%
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Preferred Stock, Shares Authorized	$10K0.0%	$10K0.0%	$10K0.0%	$10K0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—
Purchase Obligation	——	——	——	$203.43M+684%
Thereafter	——	——	——	——
Real estate, building, held-for-sale	$12.7M—	——	$800K-87.1%	$6.2M—
Unbilled Receivables	$253.65M+37.0%	$185.21M-2.0%	$188.94M+7.5%	$175.7M+61.3%
Purchase Commitments - Due Next Year	——	——	——	——
Purchase Obligation	——	——	——	$203.43M+684%
Remainder of Fiscal Year 2024	——	——	——	——
Unrecorded Unconditional Purchase Obligation	——	——	——	$158.65M+545%
Weighted-Average Discount Rate	6.9%-0.5%	7.4%-0.6%	8%-0.2%	8.2%-0.4%
Weighted-Average Discount Rate - Finance Leases	$0.07-6.8%	$0.07-7.5%	$0.08-2.4%	$0.08-4.7%

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Questions, answered.

Can Liberty Energy cover its short-term obligations?: Its current ratio is 2.21 — current assets exceed current liabilities.
Where does Liberty Energy's balance sheet data come from?: Every line is extracted from Liberty Energy's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.