Boise Cascad Llc (BCC)
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 | 1,886,070 | 2,012,170 | 2,267,810 | 2,216,670 | 2,056,810 | 2,466,240 | 2,298,640 | 2,191,720 | 2,064,050 | 2,181,440 | 2,448,460 | 2,422,900 | 1,885,880 | 1,937,990 | 2,007,430 | 1,632,860 | 1,308,860 | 1,413,520 | 1,193,140 | 1,105,390 |
| 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 |
| Current ratio | 3.34 | 3.13 | 3.28 | 3.24 | 3.46 | 3.55 | 3.44 | 3.78 | 3.78 | 2.95 | 3.18 | 2.75 | 2.94 | 2.77 | 2.35 | 2.34 | 2.50 | 2.09 | 2.46 | 2.52 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,886,070K ÷ $564,016K
= 3.34
Boise Cascad Llc's current ratio has shown a generally positive trend over the past five years, starting at 2.52 on March 31, 2020, and gradually increasing to 3.34 by December 31, 2024. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A ratio above 1 indicates that the company has more current assets than current liabilities.
The company's current ratio has consistently remained above 2 during the period, indicating a strong ability to meet its short-term obligations. The ratio peaked at 3.78 on both March 31, 2023, and December 31, 2022, indicating a significant increase in liquidity during those periods.
Furthermore, the current ratio saw a slight decline from the peak levels in 2023 but remained relatively stable around the 3.00 mark in 2024. This suggests that Boise Cascad Llc has maintained a healthy liquidity position, which can provide a cushion against unexpected financial challenges and opportunities for future investments or growth initiatives.
Peer comparison
Dec 31, 2024