Boyd Gaming Corporation (BYD)

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	561,507	501,866	487,058	480,429	529,315	469,248	459,046	457,355	478,228	439,332	417,812	576,568	507,803	717,272	472,824	867,298	650,277	640,622	1,455,870	963,763
Total current liabilities	US$ in thousands	622,685	610,520	589,095	600,393	596,322	583,419	546,566	592,172	586,134	575,813	534,600	582,136	557,042	568,193	528,908	546,136	524,022	521,174	509,892	501,158
Current ratio		0.90	0.82	0.83	0.80	0.89	0.80	0.84	0.77	0.82	0.76	0.78	0.99	0.91	1.26	0.89	1.59	1.24	1.23	2.86	1.92

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $561,507K ÷ $622,685K
= 0.90

The current ratio of Boyd Gaming Corporation has fluctuated over the past several years, indicating varying levels of liquidity. As of December 31, 2024, the current ratio stands at 0.90, which suggests that the company may have slightly more current assets than current liabilities to meet its short-term obligations.

It is important to note that the current ratio has generally been below 1 in recent quarters, indicating a potential liquidity concern as the company may not have enough current assets to cover its current liabilities. This trend warrants further investigation to understand the company's ability to manage its short-term financial obligations.

Overall, the current ratio of Boyd Gaming Corporation has shown some volatility, and investors and stakeholders should carefully monitor this ratio to assess the company's liquidity position and ability to meet its short-term financial commitments.