Boston Beer Company Inc (SAM)
Current ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 503,510 | 579,399 | 517,070 | 403,822 | 423,269 | 528,771 | 449,584 | 356,533 | 345,341 | 431,126 | 515,097 | 450,547 | 413,173 | 400,025 | 320,687 | 336,003 | 218,648 | 209,392 | 178,756 | 260,860 |
| Total current liabilities | US$ in thousands | 223,288 | 264,754 | 262,807 | 207,639 | 204,267 | 313,597 | 290,929 | 245,534 | 255,106 | 285,487 | 317,351 | 271,629 | 259,423 | 231,939 | 219,808 | 186,784 | 180,649 | 166,484 | 188,266 | 132,002 |
| Current ratio | 2.25 | 2.19 | 1.97 | 1.94 | 2.07 | 1.69 | 1.55 | 1.45 | 1.35 | 1.51 | 1.62 | 1.66 | 1.59 | 1.72 | 1.46 | 1.80 | 1.21 | 1.26 | 0.95 | 1.98 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $503,510K ÷ $223,288K
= 2.25
The current ratio of Boston Beer Company Inc has fluctuated over the past few quarters, ranging from a low of 0.95 to a high of 2.25. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a positive sign of liquidity.
In the most recent quarter, the current ratio stands at 2.25, indicating that the company has $2.25 in current assets for every $1 in current liabilities. This suggests that Boston Beer Company Inc is in a strong position to meet its short-term obligations.
However, it is important to note that the current ratio has shown some volatility in recent quarters, with fluctuations possibly reflecting changes in the company's liquidity position or operational efficiency. It is advisable to monitor this ratio over time to assess the company's ability to manage its short-term financial obligations effectively.
Peer comparison
Dec 31, 2023