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Bollore SE (XPAR:BOL) Current Ratio : 1.02 (As of Dec. 2023)


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What is Bollore SE 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. Bollore SE's current ratio for the quarter that ended in Dec. 2023 was 1.02.

Bollore SE has a current ratio of 1.02. It generally indicates good short-term financial strength.

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

XPAR:BOL' s Current Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.97   Max: 1.48
Current: 1.02

During the past 13 years, Bollore SE's highest Current Ratio was 1.48. The lowest was 0.69. And the median was 0.97.

XPAR:BOL's Current Ratio is ranked worse than
71.29% of 1059 companies
in the Media - Diversified industry
Industry Median: 1.62 vs XPAR:BOL: 1.02

Bollore SE Current Ratio Historical Data

The historical data trend for Bollore SE'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.

Bollore SE Current Ratio Chart

Bollore SE 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 0.82 0.69 1.10 1.48 1.02

Bollore SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.10 1.01 1.48 1.39 1.02

Competitive Comparison of Bollore SE's Current Ratio

For the Entertainment subindustry, Bollore SE'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.


Bollore SE's Current Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bollore SE's Current Ratio distribution charts can be found below:

* The bar in red indicates where Bollore SE's Current Ratio falls into.



Bollore SE 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.

Bollore SE'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 )
=18594.7/18309.1
=1.02

Bollore SE'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 )
=18594.7/18309.1
=1.02

* 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.


Bollore SE  (XPAR:BOL) 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.


Bollore SE Current Ratio Related Terms

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Bollore SE (XPAR:BOL) Business Description

Traded in Other Exchanges
Address
31-32, quai de Dion-Bouton, Puteaux Cedex, Paris, FRA, 92811
Bollore SE is an infrastructure company domiciled in France. The company organizes itself into four segments: transportation and logistics, oil logistics, communication, and Electricity storage and systems. The transportation and logistics segment offers freight forwarding and logistics services. The oil logistics segment distributes oil and fuel. The communication segment provides advertising, cinema, and telecommunications services. The electricity storage and systems segment is engaged in the production and sale of electric batteries and their applications. The firm generates most of the revenue from the communications segment.

Bollore SE (XPAR:BOL) Headlines

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