Brinks Company (BCO)

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	2,887,900	2,836,500	2,818,900	2,905,100	2,788,300	2,462,400	2,174,600	2,095,300	2,272,700	2,446,700	2,222,300	2,083,900	1,788,500	1,750,700	1,889,500	1,561,600	1,622,000	1,704,900	1,675,100	1,155,400
Total current liabilities	US$ in thousands	1,898,400	1,802,200	1,793,400	1,991,500	1,944,100	1,624,600	1,180,900	1,234,400	1,315,900	1,347,900	1,371,800	1,364,500	1,088,500	1,092,000	1,330,800	972,700	985,200	1,166,400	1,072,700	716,100
Current ratio		1.52	1.57	1.57	1.46	1.43	1.52	1.84	1.70	1.73	1.82	1.62	1.53	1.64	1.60	1.42	1.61	1.65	1.46	1.56	1.61

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,887,900K ÷ $1,898,400K
= 1.52

The current ratio of Brinks Company has fluctuated over the past few years based on the provided data. The current ratio indicates the company's ability to meet its short-term financial obligations. A current ratio above 1 generally suggests that the company is able to cover its current liabilities with its current assets.

From March 2020 to December 2024, Brinks Company's current ratio ranged from a low of 1.42 in June 2021 to a high of 1.84 in June 2023. The ratio peaked at 1.84 in June 2023, indicating a strong ability to cover short-term liabilities with current assets. However, the ratio saw a decline to 1.43 in December 2023, implying a potential strain on liquidity at that point in time.

Overall, Brinks Company's current ratio trended within a relatively stable range of 1.42 to 1.84 over the period analyzed. It is important for investors and stakeholders to monitor the current ratio to assess the company's short-term liquidity position and financial health.