BJs Restaurants Inc (BJRI)

Current ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Total current assets	US$ in thousands	83,021	82,258	90,815	95,290	64,605
Total current liabilities	US$ in thousands	199,325	196,858	200,434	177,899	158,431
Current ratio		0.42	0.42	0.45	0.54	0.41

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $83,021K ÷ $199,325K
= 0.42

The current ratio of BJs Restaurants Inc has been fluctuating over the past five years. As of December 31, 2023, the current ratio stood at 0.42, which indicates that the company's current assets are only equal to 42% of its current liabilities. This ratio has remained relatively low and below 1, suggesting potential liquidity challenges for the company in meeting its short-term obligations. The trend shows a slight decrease from the previous year, where the current ratio was also 0.42. It is important for investors and stakeholders to monitor the company's ability to improve its current ratio in order to ensure its short-term financial stability.