BWX Technologies Inc (BWXT)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 929,997 | 982,949 | 909,843 | 864,663 | 817,801 | 877,881 | 839,201 | 851,729 | 771,619 | 849,704 | 852,660 | 792,405 | 773,732 | 813,823 | 922,652 | 759,239 | 773,598 | 709,600 | 623,973 | 687,040 |
| Total current liabilities | US$ in thousands | 474,201 | 437,466 | 408,580 | 386,825 | 375,046 | 351,169 | 348,061 | 348,857 | 367,860 | 406,797 | 409,367 | 408,644 | 459,615 | 397,793 | 801,643 | 403,977 | 529,727 | 382,551 | 375,335 | 343,158 |
| Current ratio | 1.96 | 2.25 | 2.23 | 2.24 | 2.18 | 2.50 | 2.41 | 2.44 | 2.10 | 2.09 | 2.08 | 1.94 | 1.68 | 2.05 | 1.15 | 1.88 | 1.46 | 1.85 | 1.66 | 2.00 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $929,997K ÷ $474,201K
= 1.96
The current ratio of BWX Technologies Inc has shown fluctuation over the years based on the provided data. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets.
As of December 31, 2024, the company's current ratio was 1.96, indicating that for every dollar of current liabilities, the company had $1.96 of current assets. This suggests the company may have a slightly lower ability to cover its short-term obligations.
It is important to note that the current ratio has varied over time, ranging from a low of 1.15 on June 30, 2021, to a high of 2.50 on September 30, 2023. These fluctuations could be due to various factors such as changes in the composition of current assets and liabilities, shifts in the company's operational efficiency, or changes in economic conditions affecting the company's liquidity.
Overall, while the current ratio of BWX Technologies Inc has shown some variability, it has generally stayed within a reasonable range to meet its short-term obligations. Investors and creditors may consider monitoring this ratio along with other financial indicators to assess the company's liquidity and financial health.
Peer comparison
Dec 31, 2024