Boot Barn Holdings Inc (BOOT)
Current ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 863,960 | 899,380 | 807,105 | 754,283 | 727,949 | 735,129 | 672,603 | 632,024 | 669,173 | 708,878 | 713,044 | 616,215 | 541,831 | 562,505 | 441,093 | 376,457 | 374,456 | 351,234 | 324,321 | 368,847 |
| Total current liabilities | US$ in thousands | 353,349 | 409,050 | 358,406 | 323,116 | 312,808 | 343,602 | 328,831 | 313,085 | 374,842 | 445,021 | 481,355 | 390,856 | 336,468 | 388,371 | 280,481 | 248,828 | 221,656 | 234,722 | 237,887 | 294,863 |
| Current ratio | 2.45 | 2.20 | 2.25 | 2.33 | 2.33 | 2.14 | 2.05 | 2.02 | 1.79 | 1.59 | 1.48 | 1.58 | 1.61 | 1.45 | 1.57 | 1.51 | 1.69 | 1.50 | 1.36 | 1.25 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $863,960K ÷ $353,349K
= 2.45
Boot Barn Holdings Inc has shown a consistently improving current ratio over the past few years, indicating a strengthening liquidity position. The current ratio, a measure of the company's ability to cover its short-term liabilities with its current assets, has increased from 1.25 as of June 30, 2020, to 2.45 as of March 31, 2025.
The current ratio surpassed the industry average of around 2.0, suggesting that Boot Barn Holdings Inc has ample current assets to meet its short-term obligations. This trend indicates efficient management of working capital and reduced financial risk in the short term.
While fluctuations in the current ratio are typical for businesses, the overall upward trajectory is a positive sign for investors and creditors. However, it is essential to consider other financial metrics alongside the current ratio to gain a comprehensive view of the company's financial health.
Peer comparison
Mar 31, 2025