BOOTNEUTRAL

Current Ratio

2.65x

Higher than 89% of Consumer Cyclical sector peers

Updated 168h ago

Sector Performance

89th percentile

BOOT

2.65x

Sector Median

1.44x

Sector Avg

2.67x

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Deep Analysis

Boot Barn's current ratio of 2.65x means the company has $2.65 in current assets for every $1 of current liabilities, indicating a strong ability to cover short-term obligations.

This is well above the sector median of 1.44x, placing Boot Barn in the 89th percentile among Consumer Cyclical peers. Because the year-over-year change, quarter-over-quarter change, and eight-quarter trend are all listed as N/A, there is no observable direction in this metric. The combination of a high current ratio with no trend data suggests limited short-term liquidity risk, but the lack of historical context prevents assessing whether this strength is improving or eroding. This metric supports the overall NEUTRAL verdict, as the strong liquidity is a positive factor, but without a trend to confirm momentum, it does not justify a bullish or bearish shift.

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.

How does BOOT's Current Ratio compare to its sector?

BOOT's Current Ratio of 2.65x compares to a Consumer Cyclical sector median of 1.44x, placing it in the 89th percentile.

Who are BOOT's closest peers by Current Ratio?

The closest Consumer Cyclical peers by Current Ratio include: CHPT (1.15x), XPEV (1.14x), RH (1.13x), BBY (1.12x), BALL (1.12x).

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.

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BOOT

2.65x

Sector Median

1.44x

Sector Avg

2.67x

How BOOT's Current Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.