Brunswick Corporation (BC)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 269,000 | 467,800 | 595,600 | 354,500 | 519,600 |
| Short-term investments | US$ in thousands | 800 | 800 | 4,500 | 800 | 56,700 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,279,900 | 1,752,100 | 1,489,900 | 1,442,200 | 1,079,200 |
| Quick ratio | 0.21 | 0.27 | 0.40 | 0.25 | 0.53 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($269,000K
+ $800K
+ $—K)
÷ $1,279,900K
= 0.21
The quick ratio of Brunswick Corporation has shown a declining trend over the past five years, from 0.53 in December 31, 2020, to 0.21 in December 31, 2024. This indicates that the company's ability to meet its short-term obligations with its most liquid assets has weakened over this period. A quick ratio below 1 suggests that Brunswick Corporation may have difficulty covering its current liabilities with its readily available assets. It is important for the company to closely monitor its liquidity position and take necessary measures to improve its short-term financial health.
Peer comparison
Dec 31, 2024