BJs Restaurants Inc (BJRI)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 26,096 | 29,070 | 24,873 | 38,527 | 54,012 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 196,309 | 199,325 | 196,858 | 200,434 | 177,899 |
| Quick ratio | 0.13 | 0.15 | 0.13 | 0.19 | 0.30 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($26,096K
+ $—K
+ $—K)
÷ $196,309K
= 0.13
The quick ratio of BJs Restaurants Inc has shown a declining trend over the years, starting at 0.30 on December 31, 2020, and decreasing to 0.19 on December 31, 2021, and further dropping to 0.13 on both December 31, 2022, and December 31, 2024. However, there was a slight increase to 0.15 on December 31, 2023. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets, excluding inventory. With a quick ratio consistently below 1, it indicates that the company may have difficulties in meeting its short-term obligations using its current liquid assets alone. Investors and stakeholders may need to closely monitor this trend and assess the company's liquidity position.
Peer comparison
Dec 31, 2024