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Badger Infrastructure Solutions (Badger Infrastructure Solutions) Current Ratio : 1.44 (As of Dec. 2023)


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What is Badger Infrastructure Solutions Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Badger Infrastructure Solutions's current ratio for the quarter that ended in Dec. 2023 was 1.44.

Badger Infrastructure Solutions has a current ratio of 1.44. It generally indicates good short-term financial strength.

The historical rank and industry rank for Badger Infrastructure Solutions's Current Ratio or its related term are showing as below:

BADFF' s Current Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.25   Max: 3.76
Current: 1.44

During the past 13 years, Badger Infrastructure Solutions's highest Current Ratio was 3.76. The lowest was 1.42. And the median was 2.25.

BADFF's Current Ratio is ranked worse than
55.34% of 1677 companies
in the Construction industry
Industry Median: 1.55 vs BADFF: 1.44

Badger Infrastructure Solutions Current Ratio Historical Data

The historical data trend for Badger Infrastructure Solutions's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Badger Infrastructure Solutions Current Ratio Chart

Badger Infrastructure Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 1.60 1.42 1.74 1.44

Badger Infrastructure Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 1.87 1.64 1.71 1.44

Competitive Comparison of Badger Infrastructure Solutions's Current Ratio

For the Engineering & Construction subindustry, Badger Infrastructure Solutions's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Badger Infrastructure Solutions's Current Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Badger Infrastructure Solutions's Current Ratio distribution charts can be found below:

* The bar in red indicates where Badger Infrastructure Solutions's Current Ratio falls into.



Badger Infrastructure Solutions Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Badger Infrastructure Solutions's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=199.532/138.414
=1.44

Badger Infrastructure Solutions's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=199.532/138.414
=1.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Badger Infrastructure Solutions  (OTCPK:BADFF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Badger Infrastructure Solutions Current Ratio Related Terms

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Badger Infrastructure Solutions (Badger Infrastructure Solutions) Business Description

Traded in Other Exchanges
Address
911 - 11th Avenue SW, Suite 400, ATCO Building ll, 4th Floor, Calgary, AB, CAN, T2R 1P3
Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes. Badger's two reportable segments are Canada and the United States.

Badger Infrastructure Solutions (Badger Infrastructure Solutions) Headlines