Boston Beer Company Inc (SAM)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 417,291 | 503,510 | 423,269 | 345,341 | 413,173 |
| Total current liabilities | US$ in thousands | 231,629 | 223,288 | 204,267 | 255,106 | 259,423 |
| Current ratio | 1.80 | 2.25 | 2.07 | 1.35 | 1.59 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $417,291K ÷ $231,629K
= 1.80
The current ratio of Boston Beer Company Inc has shown variability over the past five years. It was 1.59 as of December 31, 2020, indicating that the company had $1.59 in current assets for every $1 in current liabilities. Subsequently, the current ratio decreased to 1.35 by the end of 2021, suggesting a slight decrease in liquidity.
However, in the following years, the current ratio improved significantly, reaching 2.07 as of December 31, 2022, and further increasing to 2.25 by the end of 2023. These higher ratios indicate that Boston Beer Company had more than enough current assets to cover its short-term obligations during these periods.
Despite the improvements, the current ratio decreased to 1.80 by the end of 2024, which still indicates a healthy liquidity position but is lower compared to the previous years. Overall, Boston Beer Company Inc has maintained a generally healthy current ratio over the past five years, with fluctuations that may be attributed to changes in its operating cycle, business conditions, or financial management strategies.
Peer comparison
Dec 31, 2024