Boise Cascad Llc (BCC)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($713,260K
+ $—K
+ $—K)
÷ $564,016K
= 1.26
The Quick Ratio of Boise Cascade Llc, a measure of short-term liquidity that indicates the company's ability to cover its current liabilities with its most liquid assets, has shown some fluctuations over the analyzed periods. Starting at a low of 0.49 as of March 31, 2020, the ratio improved gradually, reaching a peak of 1.83 by December 31, 2022. This upward trend signifies an enhancement in the company's ability to meet its short-term obligations using its quick assets.
However, there were some fluctuations in the quick ratio after December 2022, with the ratio decreasing to 1.26 by December 31, 2024. While the quick ratio remained above 1 during these periods, indicating that the company had more than enough liquid assets to cover its short-term liabilities, this downward trend might suggest a slight weakening in liquidity management efficiency post-2022.
In conclusion, Boise Cascade Llc has shown an improvement in its ability to meet short-term obligations with its liquid assets, as indicated by the rising quick ratio trend observed up to 2022. The fluctuations in the ratio post-2022 suggest the need for continued monitoring of the company's liquidity position to ensure it remains well-positioned to meet its short-term liabilities.
Peer comparison
Dec 31, 2024