Boise Cascad Llc (BCC)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 713,260 | 761,599 | 922,076 | 890,247 | 949,574 | 1,272,960 | 1,080,860 | 1,000,720 | 998,344 | 867,064 | 1,032,990 | 922,721 | 748,907 | 786,886 | 653,767 | 456,982 | 405,382 | 503,935 | 361,436 | 214,992 |
| Short-term investments | US$ in thousands | — | — | 2,300 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 564,016 | 643,242 | 691,506 | 684,726 | 594,116 | 694,724 | 667,344 | 580,148 | 545,828 | 739,463 | 769,077 | 880,163 | 640,746 | 700,295 | 854,257 | 696,514 | 524,002 | 676,388 | 485,287 | 438,936 |
| Cash ratio | 1.26 | 1.18 | 1.34 | 1.30 | 1.60 | 1.83 | 1.62 | 1.72 | 1.83 | 1.17 | 1.34 | 1.05 | 1.17 | 1.12 | 0.77 | 0.66 | 0.77 | 0.75 | 0.74 | 0.49 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($713,260K
+ $—K)
÷ $564,016K
= 1.26
Boise Cascad Llc's cash ratio has shown fluctuating levels over the past years, indicating the company's ability to cover its current liabilities with its cash and cash equivalents. The cash ratio increased steadily from March 31, 2020 (0.49) to December 31, 2021 (1.17), suggesting an improvement in the company's liquidity position during this period.
However, there was a slight decline in the ratio by March 31, 2022 (1.05) before peaking at June 30, 2022 (1.34) and fluctuating around this level until September 30, 2024. This indicates that Boise Cascad Llc had a strong cash position to meet its short-term obligations during those quarters.
The ratio slightly decreased to 1.18 by September 30, 2024, suggesting a lower liquidity position compared to the previous periods. Overall, the cash ratio for Boise Cascad Llc remained above 1.0 in most quarters, indicating that the company had more cash and cash equivalents than current liabilities, reflecting positively on its short-term financial health and ability to manage potential risks.
Peer comparison
Dec 31, 2024