>
Switch to:

Boston Omaha Current Ratio

: 14.64 (As of Jun. 2021)
View and export this data going back to 2016. Start your Free Trial

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. Boston Omaha's current ratio for the quarter that ended in Jun. 2021 was 14.64.

Boston Omaha has a current ratio of 14.64. 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 Boston Omaha's Current Ratio or its related term are showing as below:

NAS:BOMN' s Current Ratio Range Over the Past 10 Years
Min: 5.84   Med: 10.55   Max: 162.05
Current: 14.64

5.84
162.05

During the past 6 years, Boston Omaha's highest Current Ratio was 162.05. The lowest was 5.84. And the median was 10.55.

NAS:BOMN's Current Ratio is ranked higher than
97% of the 190 Companies
in the Media - Diversified industry.

( Industry Median: 1.22 vs. NAS:BOMN: 14.64 )

Boston Omaha Current Ratio Historical Data

The historical data trend for Boston Omaha'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.

Boston Omaha Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Current Ratio
Premium Member Only 10.08 18.65 9.53 7.48 9.72

Boston Omaha Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Current Ratio 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 Premium Member Only Premium Member Only Premium Member Only 8.73 8.24 9.72 13.33 14.64

Competitive Comparison

For the Advertising Agencies subindustry, Boston Omaha'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.

   

Boston Omaha Current Ratio Distribution

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

* The bar in red indicates where Boston Omaha's Current Ratio falls into.



Boston Omaha 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.

Boston Omaha's Current Ratio for the fiscal year that ended in Dec. 2020

Current Ratio (A: Dec. 2020 )=Total Current Assets (A: Dec. 2020 )/Total Current Liabilities (A: Dec. 2020 )
=329.049/33.87
=9.72

Boston Omaha's Current Ratio for the quarter that ended in Jun. 2021 is calculated as

Current Ratio (Q: Jun. 2021 )=Total Current Assets (Q: Jun. 2021 )/Total Current Liabilities (Q: Jun. 2021 )
=504.548/34.452
=14.64

* 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.


Boston Omaha  (NAS:BOMN) 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.


Boston Omaha Current Ratio Related Terms

Thank you for viewing the detailed overview of Boston Omaha's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Boston Omaha Business Description

Boston Omaha logo
Industry
Traded in Other Exchanges
Address
1601 Dodge Street, Suite 3300, Omaha, NE, USA, 68102
Boston Omaha Corp is a US-based company which invests in real estate. Its operations include its ownership of multiple billboards in Florida, Georgia, Wisconsin, and Alabama and equity method investments in several real estate companies. The company operates three separate lines of business, outdoor billboard advertising, surety insurance and related brokerage activities, and broadband services. It also engages in investments in real estate management and related activities. The company generates the majority of the revenue from billboard rentals.
Executives
Weisenburger Joshua Paul officer: Chief Financial Officer 1411 HARNEY ST. SUITE 200 OMAHA NE 68102
Briner Bradford B director 705 GIMGHOUL ROAD CHAPEL HILL NC 27514
Keating Brendan Joseph director 8918 SPANISH RIDGE AVENUE, SUITE 100 LAS VEGAS NV 89148
Boulderado Partners, Llc 10 percent owner 292 NEWBURY STREET SUITE 333 BOSTON MA 02115
Boulderado Group, Llc other: Manager is Director and Co-CEO 304 NEWBURY STREET SUITE 333 BOSTON MA 02115
Boulderado Capital, Llc 10 percent owner 292 NEWBURY STREET BOSTON MA 02115
Rozek Alexander Buffett director, 10 percent owner, officer: Co-Chief Executive Officer 292 NEWBURY ST #333 BOSTON MA 02115
Magnolia Group, Llc 10 percent owner 1411 HARNEY STREET SUITE 200 OMAHA NE 68102
Magnolia Boc Ii, Lp 10 percent owner 1411 HARNEY ST. SUITE 200 OMAHA NE 68102
Magnolia Boc I, Lp 10 percent owner 1411 HARNEY ST. SUITE 200 OMAHA NE 68102
Peterson Adam K director, 10 percent owner, officer: Co-Chief Executive Officer 1411 HARNEY STREET, SUITE 200 OMAHA NE 68102
Magnolia Capital Fund, Lp 10 percent owner 1411 HARNEY ST., SUITE 200 OMAHA NE 68102
Lafoy William Scott officer: CEO of Link Media Holdings,LLC C/O LINK MEDIA OUTDOOR 200 MANSELL CT. EAST, BLDG 200 STE. 360 ROSWELL GA 30076
Royal Jeffrey C director 5420 NICHOLAS STREET OMAHA NE 68132
Kenan Frank H. Ii director C/O BOSTON OMAHA CORPORATION., 292 NEWBURY ST. SUITE 333 BOSTON MA 02115

Boston Omaha Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)