The Boeing Company (BA)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 127,998,000 | 109,275,000 | 109,523,000 | 108,666,000 | 121,642,000 |
| Total current liabilities | US$ in thousands | 97,078,000 | 95,827,000 | 90,052,000 | 81,992,000 | 87,280,000 |
| Current ratio | 1.32 | 1.14 | 1.22 | 1.33 | 1.39 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $127,998,000K ÷ $97,078,000K
= 1.32
The current ratio of The Boeing Company has shown a gradual decline over the past five years, decreasing from 1.39 in December 31, 2020, to 1.32 in December 31, 2024. While the company's current assets still exceed its current liabilities, indicating a relatively healthy liquidity position, the downward trend suggests a potential concern in the management of short-term obligations. It is important for stakeholders to monitor this ratio closely to ensure The Boeing Company maintains sufficient resources to meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024