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BV (BrightView Holdings) Current Ratio : 1.44 (As of Sep. 2024)


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What is BrightView Holdings 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. BrightView Holdings's current ratio for the quarter that ended in Sep. 2024 was 1.44.

BrightView Holdings has a current ratio of 1.44. It generally indicates good short-term financial strength.

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

BV' s Current Ratio Range Over the Past 10 Years
Min: 1.39   Med: 1.47   Max: 1.66
Current: 1.44

During the past 10 years, BrightView Holdings's highest Current Ratio was 1.66. The lowest was 1.39. And the median was 1.47.

BV's Current Ratio is ranked worse than
62.58% of 1069 companies
in the Business Services industry
Industry Median: 1.74 vs BV: 1.44

BrightView Holdings Current Ratio Historical Data

The historical data trend for BrightView 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.

* Premium members only.

BrightView Holdings Current Ratio Chart

BrightView Holdings Annual Data
Trend Dec15 Dec16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.43 1.39 1.59 1.44

BrightView Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.59 1.64 1.67 1.45 1.44

Competitive Comparison of BrightView Holdings's Current Ratio

For the Specialty Business Services subindustry, BrightView 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.


BrightView Holdings's Current Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BrightView Holdings's Current Ratio distribution charts can be found below:

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



BrightView 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.

BrightView Holdings'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 )
=780.1/543.3
=1.44

BrightView Holdings's Current Ratio for the quarter that ended in Sep. 2024 is calculated as

Current Ratio (Q: Sep. 2024 )=Total Current Assets (Q: Sep. 2024 )/Total Current Liabilities (Q: Sep. 2024 )
=780.1/543.3
=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.


BrightView Holdings  (NYSE:BV) 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.


BrightView Holdings Current Ratio Related Terms

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BrightView Holdings Business Description

Traded in Other Exchanges
Address
980 Jolly Road, Blue Bell, PA, USA, 19422
BrightView Holdings Inc is a provider of commercial landscaping services in the United States. The company provides commercial landscaping services, landscape maintenance, and enhancements to tree care and landscape development. It operates through two segments namely Maintenance Services, and Development Services. The Maintenance Services are self-performed through a national branch network and are route-based in nature, and the Development Services are comprised of sophisticated design, coordination, and installation of landscapes at recognizable corporate, athletic, and university complexes. The company generates a majority of its revenue from Maintenance Services.
Executives
Jonathan Mark Gottsegen officer: See Remarks C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PL, STAMFORD CT 06902
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Brightview Aggregator L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Thomas C Donnelly officer: See Remarks C/O BRIGHTVIEW HOLDINGS, INC., 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462-1646
William L Cornog director C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Dale A Asplund officer: President and CEO C/O BRIGHTVIEW HOLDINGS, INC., 980 JOLLY ROAD, SUITE 300, BLUE BELL PA 19422
Joshua D Goldman director C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Kurtis T Barker director C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Scott Spielvogel director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
One Rock Capital Partners Iii, Lp director, 10 percent owner ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Birch Equity Holdings, Lp director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Orcp Gp Professionals, Llc director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Birch Equity Holdings Gp, Llc director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Tony W Lee director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
One Rock Capital Partners Iii Gp, Lp director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 30 ROCKEFELLER PLAZA, 54TH FLOOR, NEW YORK NY 10112