BINI (Bollinger Innovations) Current Ratio: 0.23 (As of Jun. 2025) — 53% Below Median


What is Bollinger Innovations Current Ratio?

Bollinger Innovations BINI -21.05% Current Ratio is 0.23 as of Jun. 2025, which is 53% below its 10-year median of 0.49. The stock has 6 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Bollinger Innovations ranks worse than 99.48% on this metric.

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. Bollinger Innovations's current ratio for the quarter that ended in Jun. 2025 was 0.23.

Bollinger Innovations has a current ratio of 0.23. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Bollinger Innovations has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Bollinger Innovations's Current Ratio or its related term are showing as below:

BINI' s Current Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.49   Max: 1.94
Current: 0.23

During the past 6 years, Bollinger Innovations's highest Current Ratio was 1.94. The lowest was 0.02. And the median was 0.49.

BINI's Current Ratio is ranked worse than
99.48% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.53 vs BINI: 0.23

Bollinger Innovations  (OTCPK:BINI) 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.


Bollinger Innovations Current Ratio Related Terms


Bollinger Innovations Current Ratio Historical Data

* Premium members only.

The historical data trend for Bollinger Innovations'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.

Bollinger Innovations Current Ratio Chart

Bollinger Innovations Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Current Ratio
Get a 7-Day Free Trial 0.26 0.10 0.71 1.42 0.34

Bollinger Innovations Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 0.53 0.34 0.24 0.25 0.23

BINI vs TSLA, GM, F: Current Ratio Comparison

For the Auto Manufacturers subindustry, Bollinger Innovations'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.


Bollinger Innovations Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bollinger Innovations's Current Ratio distribution charts can be found below:

* The bar in red indicates where Bollinger Innovations's Current Ratio falls into.



Bollinger Innovations 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.

Bollinger Innovations's Current Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Current Ratio (A: Sep. 2024 )=Total Current Assets (A: Sep. 2024 )/Total Current Liabilities (A: Sep. 2024 )
=63.175/183.172
=0.34

Bollinger Innovations's Current Ratio for the quarter that ended in Jun. 2025 is calculated as

Current Ratio (Q: Jun. 2025 )=Total Current Assets (Q: Jun. 2025 )/Total Current Liabilities (Q: Jun. 2025 )
=42.387/186.483
=0.23

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.23 mean?
Bollinger Innovations (BINI) has a Current Ratio of 0.23 as of Jun. 2025. This is 53% below median its historical median of 0.49. Over the past decade, Bollinger Innovations' Current Ratio has ranged from 0.02 to 1.94. According to the industry distribution chart, Bollinger Innovations ranks #1330 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 99.5%.
Is Bollinger Innovations' Current Ratio too high?
Bollinger Innovations' current Current Ratio of 0.23 is 53% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.94. The Vehicles & Parts industry median Current Ratio is 1.53. Bollinger Innovations' value of 0.23 is 85% below this industry median. Based on the distribution chart, Bollinger Innovations ranks #1330 out of 1337 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers.
How does Bollinger Innovations' Current Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Bollinger Innovations ranks #1330 out of 1337 companies for Current Ratio. This places Bollinger Innovations in the lower half of its industry. The industry median Current Ratio is 1.53. Bollinger Innovations' value of 0.23 is 85% below this benchmark. Historically, Bollinger Innovations' own Current Ratio has ranged from 0.02 to 1.94 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 1.53, Bollinger Innovations has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bollinger Innovations's current Current Ratio of 0.23 is 85% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bollinger Innovations's current Current Ratio is 0.23, which is 53% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bollinger Innovations stock overvalued right now?
Bollinger Innovations (BINI) has a current Current Ratio of 0.23. The current Current Ratio is 0.23, which is 53% below median its 10-year median of 0.49 and 85% below the Vehicles & Parts industry median of 1.53. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Bollinger Innovations (BINI), the current Current Ratio is 0.23 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bollinger Innovations Business Description

Address 1405 Pioneer Street, Brea, CA, USA, 92821
Bollinger Innovations Inc is a Southern California-based automotive company building the next generation of commercial electric vehicles (EVs) with U.S. based vehicle manufacturing located in Tunica, Mississippi. both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (CARB) and EPA certified and available for sale in the U.S.