Brunswick Corporation (BC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,113,800 | 2,509,700 | 2,695,200 | 2,124,600 | 1,670,500 |
| Total current liabilities | US$ in thousands | 1,279,900 | 1,752,100 | 1,489,900 | 1,442,200 | 1,079,200 |
| Current ratio | 1.65 | 1.43 | 1.81 | 1.47 | 1.55 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,113,800K ÷ $1,279,900K
= 1.65
The current ratio for Brunswick Corporation over the past five years has shown some fluctuations. In December 2020, the company had a current ratio of 1.55, which decreased slightly to 1.47 by December 2021. However, in December 2022, the current ratio improved significantly to 1.81, indicating a better ability to cover its short-term obligations with current assets.
Subsequently, the ratio decreased in December 2023 to 1.43, showing a potential decrease in liquidity compared to the previous year. However, by December 2024, the current ratio increased to 1.65, suggesting an improvement in the company's ability to meet its short-term liabilities using current assets.
Overall, the current ratio of Brunswick Corporation has varied over the years but has generally remained above 1, indicating that the company has had sufficient current assets to cover its current liabilities during the analyzed period.
Peer comparison
Dec 31, 2024