BOOTNEUTRAL

BOOT Current Ratio Analysis

2.53x

Updated 35h ago·SEC filings & market data

Key Takeaway

Current ratio measures a company’s ability to cover short-term obligations with short-term assets; 2.53x means BOOT has $2.53 in current assets for every $1 of current liabilities.

Sector Performance

84th percentile

BOOT

2.53x

Sector Median

1.26x

Sector Avg

2.58x

Prior Period

2.65x(Jul 2026)

↓ Declining

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Deep Analysis

Current ratio measures a company’s ability to cover short-term obligations with short-term assets; 2.53x means BOOT has $2.53 in current assets for every $1 of current liabilities.

This liquidity level sits well above the sector median of 1.25x, placing BOOT at the 85th percentile among peers. As for trend, the year-over-year change is not available, but the quarter-over-quarter change is -4.5%, with the ratio easing from 2.65x to 2.53x. The combination of a high absolute ratio and a modest quarterly decline suggests ample liquidity cushion, but the direction warrants monitoring. For investment risk, the high ratio reduces near-term default risk, while the slight decline has limited immediate impact. Overall, this metric supports the NEUTRAL verdict because the strong liquidity level is offset by a slight downward trend.

Frequently Asked Questions

What does the Current Ratio tell investors about BOOT?

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.

How is the Current Ratio calculated?

Current Ratio is calculated as: Current Assets / Current Liabilities.

Who are BOOT's closest peers by Current Ratio?

The closest peers by Current Ratio include: MTB (0.32x), ESS (0.31x), DRI (0.31x), TRNO (0.31x), CINF (0.29x).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

The Formula

Current Assets / Current Liabilities

Why It Matters

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.