Bloomin Brands Inc (BLMN)

Cash 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 and cash equivalents	US$ in thousands	70,056	83,632	117,919	131,664	111,519	86,579	88,794	94,441	84,735	90,678	95,346	97,795	87,585	76,337	101,285	136,658	109,980	160,032	181,432	403,395
Short-term investments	US$ in thousands	—	—	—	223,038	173,158	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	US$ in thousands	952,336	848,970	867,270	894,057	1,002,340	919,821	911,606	920,433	978,867	911,322	909,850	935,648	984,625	897,215	913,456	931,983	950,104	838,973	810,838	838,030
Cash ratio		0.07	0.10	0.14	0.40	0.28	0.09	0.10	0.10	0.09	0.10	0.10	0.10	0.09	0.09	0.11	0.15	0.12	0.19	0.22	0.48

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($70,056K + $—K) ÷ $952,336K
= 0.07

The cash ratio of Bloomin Brands Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The cash ratio measures a company's ability to cover its short-term liabilities using its cash and cash equivalents.

The cash ratio started at 0.48 on March 31, 2020, indicating that the company had $0.48 in cash and cash equivalents for every dollar of current liabilities. However, the ratio decreased to 0.07 by December 31, 2024, which suggests a decline in the company's liquidity position over this period.

Throughout the period, the cash ratio remained relatively low, hovering between 0.07 and 0.40. This indicates that Bloomin Brands Inc may have faced challenges in maintaining ample cash reserves to cover its short-term obligations.

It is crucial for investors and stakeholders to closely monitor the cash ratio trend to assess the company's liquidity management and financial health. A decreasing trend in the cash ratio could raise concerns about the company's ability to meet its short-term financial obligations using its available cash resources.