Boeing Co. (BA)

Liquidity Analysis

Annual Data | Quarterly Data

Liquidity ratios measure the company's ability to meet its short-term obligations.


Ratios (Summary)

Annual Data | Quarterly Data

Boeing Co., liquidity ratios

 
    Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010 Dec 31, 2009
Current ratio 1.26 1.27 1.21 1.15 1.07
Quick ratio 0.43 0.43 0.42 0.46 0.53
Cash ratio 0.30 0.30 0.27 0.30 0.34

Source: Based on data from Boeing Co. Annual Reports

Ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Boeing Co.'s current ratio improved from 2011 to 2012 but then slightly deteriorated from 2012 to 2013.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Boeing Co.'s quick ratio improved from 2011 to 2012 but then slightly deteriorated from 2012 to 2013.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Boeing Co.'s cash ratio improved from 2011 to 2012 but then slightly deteriorated from 2012 to 2013.

Current Ratio

Annual Data | Quarterly Data

 
    Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010 Dec 31, 2009
  Selected Financial Data (USD $ in millions)
Current assets 65,074  57,309  49,810  40,572  35,275 
Current liabilities 51,486  44,982  41,274  35,395  32,883 
  Current Ratio, Comparison to Industry
Boeing Co.1 1.26 1.27 1.21 1.15 1.07
  Industry, Industrials 1.29 1.28 1.24 1.31 1.23

Source: Based on data from Boeing Co. Annual Reports

2013 Calculations

1 Current ratio = Current assets ÷ Current liabilities
= 65,074 ÷ 51,486 = 1.26

Ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Boeing Co.'s current ratio improved from 2011 to 2012 but then slightly deteriorated from 2012 to 2013.

Quick Ratio

Annual Data | Quarterly Data

 
    Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010 Dec 31, 2009
  Selected Financial Data (USD $ in millions)
Cash and cash equivalents 9,088  10,341  10,049  5,359  9,215 
Short-term and other investments 6,170  3,217  1,223  5,158  2,008 
Accounts receivable, net 6,546  5,608  5,793  5,422  5,785 
Current portion of customer financing, net 344  364  476  285  368 
Total quick assets 22,148  19,530  17,541  16,224  17,376 
Current liabilities 51,486  44,982  41,274  35,395  32,883 
  Quick Ratio, Comparison to Industry
Boeing Co.1 0.43 0.43 0.42 0.46 0.53
  Industry, Industrials 0.75 0.74 0.71 0.82 0.77

Source: Based on data from Boeing Co. Annual Reports

2013 Calculations

1 Quick ratio = Total quick assets ÷ Current liabilities
= 22,148 ÷ 51,486 = 0.43

Ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Boeing Co.'s quick ratio improved from 2011 to 2012 but then slightly deteriorated from 2012 to 2013.

Cash Ratio

Annual Data | Quarterly Data

 
    Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010 Dec 31, 2009
  Selected Financial Data (USD $ in millions)
Cash and cash equivalents 9,088  10,341  10,049  5,359  9,215 
Short-term and other investments 6,170  3,217  1,223  5,158  2,008 
Total cash assets 15,258  13,558  11,272  10,517  11,223 
Current liabilities 51,486  44,982  41,274  35,395  32,883 
  Cash Ratio, Comparison to Industry
Boeing Co.1 0.30 0.30 0.27 0.30 0.34
  Industry, Industrials 0.33 0.34 0.29 0.38 0.33

Source: Based on data from Boeing Co. Annual Reports

2013 Calculations

1 Cash ratio = Total cash assets ÷ Current liabilities
= 15,258 ÷ 51,486 = 0.30

Ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Boeing Co.'s cash ratio improved from 2011 to 2012 but then slightly deteriorated from 2012 to 2013.