Brunswick Corporation (BC)
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 | 2,113,800 | 2,348,000 | 2,728,100 | 2,807,200 | 2,509,700 | 2,441,300 | 2,672,800 | 2,678,400 | 2,695,200 | 2,595,000 | 2,685,400 | 2,791,200 | 2,124,600 | 2,942,000 | 1,988,000 | 1,835,700 | 1,670,500 | 1,681,200 | 1,714,100 | 1,869,800 |
| Total current liabilities | US$ in thousands | 636,200 | 1,194,100 | 1,608,100 | 1,673,800 | 1,752,100 | 1,659,200 | 1,394,000 | 1,438,600 | 1,489,900 | 1,379,300 | 1,347,700 | 1,328,200 | 1,442,200 | 1,256,300 | 1,251,300 | 1,129,000 | 1,079,200 | 949,600 | 1,054,600 | 1,286,200 |
| Current ratio | 3.32 | 1.97 | 1.70 | 1.68 | 1.43 | 1.47 | 1.92 | 1.86 | 1.81 | 1.88 | 1.99 | 2.10 | 1.47 | 2.34 | 1.59 | 1.63 | 1.55 | 1.77 | 1.63 | 1.45 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,113,800K ÷ $636,200K
= 3.32
The current ratio of Brunswick Corporation has shown fluctuations over the quarters, ranging from 1.43 to 3.32. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets. A ratio below 1 indicates that the company may have difficulty meeting its short-term obligations, while a ratio above 1 suggests the company is in a good position to settle its short-term debts.
From a trend analysis perspective, Brunswick's current ratio has varied but generally remained above 1, indicating overall strength in its ability to meet short-term obligations. The ratio peaked at 3.32 on December 31, 2024, suggesting a significant increase in short-term assets relative to liabilities. On the other hand, the lowest ratio of 1.43 was recorded on December 31, 2023, indicating a comparatively weaker position in terms of short-term liquidity.
It is worth noting that a current ratio that fluctuates significantly may warrant further investigation into the company's liquidity management practices and operational efficiency. Overall, Brunswick Corporation's current ratio provides insight into its short-term financial health and the management of working capital, impacting the company's ability to fund its daily operations and meet its obligations.
Peer comparison
Dec 31, 2024