Boise Cascad Llc (BCC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,886,070 | 2,056,810 | 2,064,050 | 1,885,880 | 1,308,860 |
| Total current liabilities | US$ in thousands | 564,016 | 594,116 | 545,828 | 640,746 | 524,002 |
| Current ratio | 3.34 | 3.46 | 3.78 | 2.94 | 2.50 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,886,070K ÷ $564,016K
= 3.34
Boise Cascade Llc's current ratio has shown a positive trend over the past five years. The company's current ratio was 2.50 as of December 31, 2020, which increased steadily to 2.94 in 2021, further to 3.78 in 2022, and then slightly decreased to 3.46 by the end of 2023. In 2024, the current ratio was 3.34.
Overall, Boise Cascade Llc has maintained a healthy current ratio throughout the period under consideration. A current ratio above 1 indicates that the company has more current assets than current liabilities, indicating its ability to cover its short-term obligations. The increasing trend in the current ratio reflects that the company's liquidity position has been improving over the years, providing a strong indication of its financial stability and ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024