BJs Restaurants Inc (BJRI)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	83,021	61,261	65,774	77,193	82,258	61,797	81,548	73,590	90,815	101,852	131,605	133,218	95,290	93,375	119,505	112,580	64,605	55,295	57,626	58,339
Total current liabilities	US$ in thousands	199,325	182,681	183,881	189,548	196,858	184,845	191,543	185,689	200,434	174,761	196,195	180,777	177,899	163,505	162,707	138,765	158,431	144,869	156,239	147,894
Current ratio		0.42	0.34	0.36	0.41	0.42	0.33	0.43	0.40	0.45	0.58	0.67	0.74	0.54	0.57	0.73	0.81	0.41	0.38	0.37	0.39

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 fluctuated over the past few years, ranging from a low of 0.33 to a high of 0.81. In the recent period, the current ratio has been relatively low, hovering around 0.34 to 0.42. This indicates that the company may have difficulty meeting its short-term obligations, as its current assets may not be sufficient to cover its current liabilities. It is important for investors and creditors to monitor the current ratio as a low ratio may signal potential liquidity issues for the company. The company may need to take steps to improve its current ratio by increasing its current assets or decreasing its current liabilities.