Bunge Limited (BG)
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 | 3,311,000 | 2,836,000 | 1,161,000 | 2,939,000 | 2,602,000 | 2,173,000 | 1,330,000 | 3,052,000 | 1,104,000 | 956,000 | 818,000 | 386,000 | 902,000 | 1,033,000 | 464,000 | 226,000 | 352,000 | 291,000 | 277,000 | 193,000 |
| Short-term investments | US$ in thousands | 484,000 | 178,000 | 166,000 | 199,000 | 105,000 | 122,000 | 73,000 | 97,000 | 119,000 | 90,000 | 172,000 | 264,000 | 520,000 | 451,000 | 437,000 | 351,000 | 346,000 | 294,000 | 321,000 | 284,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick ratio | 0.51 | 0.39 | 0.17 | 0.37 | 0.35 | 0.28 | 0.17 | 0.30 | 0.13 | 0.10 | 0.08 | 0.05 | 0.15 | 0.15 | 0.09 | 0.05 | 0.06 | 0.07 | 0.08 | 0.06 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($3,311,000K
+ $484,000K
+ $—K)
÷ $7,435,000K
= 0.51
The quick ratio of Bunge Limited has displayed some fluctuations over the years. Starting at a low point of 0.06 in March 2020, the quick ratio increased to 0.15 by September 2021, indicating an improvement in the company's ability to meet its short-term obligations. However, there was a slight decrease to 0.05 in March 2022 before bouncing back to 0.13 in December 2022.
The quick ratio then experienced a significant surge to 0.35 in December 2023, indicating a strong liquidity position. This trend continued with further improvement to 0.51 by December 2024, reflecting robust financial health and a comfortable ability to cover short-term liabilities with current assets.
Overall, the quick ratio trend indicates varying levels of liquidity for Bunge Limited, with notable fluctuations but showing a positive trajectory towards stronger liquidity position in recent years.
Peer comparison
Dec 31, 2024