BSHI (Boss Holdings) Current Ratio: 5.38 (As of Dec. 2009)

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What is Boss Holdings Current Ratio?

Boss Holdings BSHI +0.14% Current Ratio is 5.38 as of Dec. 2009.

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. Boss Holdings's current ratio for the quarter that ended in Dec. 2009 was 5.38.

Boss Holdings has a current ratio of 5.38. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

BSHI's Current Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.8
* Ranked among companies with meaningful Current Ratio only.

Boss Holdings  (OTCPK:BSHI) 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.


Boss Holdings Current Ratio Related Terms


Boss Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Boss Holdings'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.

Boss Holdings Current Ratio Chart

Boss Holdings Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.96 5.83 5.36 5.97 5.38

Boss Holdings Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
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 5.97 7.97 7.01 5.69 5.38

BSHI vs FORD: Current Ratio Comparison

For the Footwear & Accessories subindustry, Boss Holdings'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.


Boss Holdings Current Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Boss Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Boss Holdings's Current Ratio falls into.



Boss Holdings 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.

Boss Holdings's Current Ratio for the fiscal year that ended in Dec. 2009 is calculated as

Current Ratio (A: Dec. 2009 )=Total Current Assets (A: Dec. 2009 )/Total Current Liabilities (A: Dec. 2009 )
=31.807/5.917
=5.38

Boss Holdings's Current Ratio for the quarter that ended in Dec. 2009 is calculated as

Current Ratio (Q: Dec. 2009 )=Total Current Assets (Q: Dec. 2009 )/Total Current Liabilities (Q: Dec. 2009 )
=31.807/5.917
=5.38

* 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 5.38 mean?
Boss Holdings (BSHI) has a Current Ratio of 5.38 as of Dec. 2009.
Is Boss Holdings' Current Ratio too high?
Boss Holdings' current Current Ratio is 5.38. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Boss Holdings' value of 5.38 is 198.9% above this industry median.
How does Boss Holdings' Current Ratio compare to FORD?
Boss Holdings' Current Ratio of 5.38 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Current Ratio is 1.80. Boss Holdings' value of 5.38 is 198.9% above this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.80, based on 1,067 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. Boss Holdings's current Current Ratio of 5.38 is 198.9% above 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boss Holdings's current Current Ratio is 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boss Holdings stock overvalued right now?
Boss Holdings (BSHI) has a current Current Ratio of 5.38. The current Current Ratio is 5.38 and 198.9% above the Manufacturing - Apparel & Accessories industry median of 1.80. 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 Boss Holdings (BSHI), the current Current Ratio is 5.38 as of Dec. 2009. 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.

Boss Holdings Business Description

Address 1221 Page Street, Kewanee, IL, USA, 61443
Boss Holdings Inc and its subsidiaries are engaged in the import, marketing, and distribution of pet supplies and cell phone accessories, as well as custom imprinting of inflatable and other products for the advertising specialties industry. The company sells its products through distributors and manufacturer's representatives and by direct marketing to consumers through an e-commerce website. The three business segments: Pet Products, Promotional Products, and Tech Accessories. It generates a majority of its revenue from the Pet Products segment.