The Boeing Company (BA)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 127,998,000 | 109,436,000 | 114,439,000 | 106,532,000 | 109,275,000 | 106,935,000 | 107,412,000 | 108,811,000 | 109,523,000 | 109,251,000 | 106,000,000 | 106,012,000 | 108,666,000 | 116,888,000 | 119,095,000 | 119,945,000 | 121,642,000 | 131,012,000 | 130,277,000 | 111,011,000 |
| Total current liabilities | US$ in thousands | 97,078,000 | 97,300,000 | 96,630,000 | 93,258,000 | 95,827,000 | 93,062,000 | 92,076,000 | 93,510,000 | 90,052,000 | 89,618,000 | 84,799,000 | 81,692,000 | 81,992,000 | 85,771,000 | 88,224,000 | 89,892,000 | 87,280,000 | 92,307,000 | 92,482,000 | 94,502,000 |
| Current ratio | 1.32 | 1.12 | 1.18 | 1.14 | 1.14 | 1.15 | 1.17 | 1.16 | 1.22 | 1.22 | 1.25 | 1.30 | 1.33 | 1.36 | 1.35 | 1.33 | 1.39 | 1.42 | 1.41 | 1.17 |
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 fluctuations over the years, ranging from 1.12 to 1.42. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a positive sign of liquidity. However, it is important to note that a current ratio that is too high may indicate an inefficient use of assets.
Looking at the trend of the current ratio, we can observe some fluctuations but a general stability within a range of 1.12 to 1.42 over the period provided in the data. The company's ability to meet its short-term obligations has been consistent, with slight variations quarter by quarter.
Overall, The Boeing Company seems to maintain a healthy current ratio, reflecting its ability to cover its short-term liabilities using its current assets. However, it would be important to further analyze the components of current assets and current liabilities to better understand the company's liquidity position in more detail.
Peer comparison
Dec 31, 2024