Boston Beer Company Inc (SAM)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 211,819 | 255,601 | 219,295 | 205,444 | 298,491 | 310,778 | 207,755 | 122,560 | 180,560 | 222,050 | 137,801 | 15,769 | 26,853 | 86,504 | 102,953 | 144,658 | 163,282 | 157,100 | 86,716 | 129,504 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 18 | — | — | — |
| Receivables | US$ in thousands | 68,104 | 94,101 | 126,612 | 73,206 | 68,708 | 87,977 | 118,815 | — | 66,798 | 96,601 | 126,113 | 154,160 | 108,440 | 124,040 | 126,354 | 109,157 | 88,751 | 96,850 | 102,755 | 67,076 |
| Total current liabilities | US$ in thousands | 231,629 | 263,647 | 269,947 | 211,418 | 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 |
| Quick ratio | 1.21 | 1.33 | 1.28 | 1.32 | 1.64 | 1.51 | 1.24 | 0.59 | 1.21 | 1.02 | 0.91 | 0.69 | 0.53 | 0.74 | 0.72 | 0.93 | 0.97 | 1.09 | 0.86 | 1.05 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($211,819K
+ $—K
+ $68,104K)
÷ $231,629K
= 1.21
The quick ratio of Boston Beer Company Inc has displayed varying trends over the past few years. The quick ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets.
The quick ratio of Boston Beer Company Inc stood relatively stable between March 2020 and March 2021, ranging from 0.93 to 1.09. However, from June 2021 to December 2022, the quick ratio dropped significantly, hitting a low of 0.53 by the end of December 2021. This indicates potential liquidity concerns during this period.
Subsequently, the quick ratio improved from March 2022 to September 2024, climbing consistently to reach a high of 1.64 by the end of December 2023 before stabilizing around 1.3 in the most recent quarters. This uptrend suggests an enhancement in the company's ability to meet its short-term financial obligations with its quick assets.
Overall, the quick ratio of Boston Beer Company Inc has displayed fluctuations over the analyzed period, reflecting changes in the company's liquidity position. Investors and analysts may want to closely monitor this ratio to assess the company's ability to weather short-term financial challenges efficiently.
Peer comparison
Dec 31, 2024