Bunge Limited (BG)
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 | 15,958,000 | 15,919,000 | 15,452,000 | 16,740,000 | 16,350,000 | 16,624,000 | 17,200,000 | 19,040,000 | 16,758,000 | 17,195,000 | 19,732,000 | 20,890,000 | 16,460,000 | 16,534,000 | 17,555,000 | 17,285,000 | 16,181,000 | 13,501,000 | 11,468,000 | 11,100,000 |
| Total current liabilities | US$ in thousands | 7,435,000 | 7,691,000 | 7,606,000 | 8,429,000 | 7,687,000 | 8,245,000 | 8,291,000 | 10,408,000 | 9,600,000 | 10,567,000 | 13,101,000 | 13,860,000 | 9,324,000 | 9,759,000 | 10,321,000 | 11,340,000 | 10,985,000 | 8,932,000 | 7,496,000 | 8,022,000 |
| Current ratio | 2.15 | 2.07 | 2.03 | 1.99 | 2.13 | 2.02 | 2.07 | 1.83 | 1.75 | 1.63 | 1.51 | 1.51 | 1.77 | 1.69 | 1.70 | 1.52 | 1.47 | 1.51 | 1.53 | 1.38 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $15,958,000K ÷ $7,435,000K
= 2.15
The current ratio of Bunge Limited has shown a generally positive trend over the past few years, indicating the company's ability to meet its short-term obligations using its current assets. Starting at 1.38 in March 2020, the current ratio gradually increased to 2.15 by December 2024. This improvement suggests that Bunge's liquidity position has strengthened over the years. The company's current ratio consistently stayed above 1, which is considered a healthy level, throughout the period, indicating that it had more current assets than current liabilities to cover its short-term obligations. However, it is worth noting that there were fluctuations in the ratio over the years, reaching a peak of 2.15 in December 2024 after a slight dip in the previous quarter. Overall, the increasing trend in the current ratio reflects positively on Bunge Limited's short-term financial health and ability to manage its current obligations efficiently.
Peer comparison
Dec 31, 2024