The company's financial position is highly vulnerable, characterized by a debt-to-equity ratio that reached 9.97 in 2025Q4 and a thin current ratio of 1.18, which limits overall financial flexibility.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Total Current Assets | 124.14B | 128.46B | 128B | 109.28B | 109.52B | 108.67B | 121.64B | 102.23B | 87.83B | 65.16B | 62.49B | 68.23B | 67.78B | 65.07B | 57.31B | 49.81B | 40.57B | 35.27B | 25.96B | 27.28B | 22.98B | 21.97B | 15.1B | 17.26B | 16.86B | 16.21B | 15.86B | 15.71B | 16.38B | 19.26B | 15.08B |
| Cash & Short-Term Investments | 9.44B | 29.4B | 26.28B | 15.96B | 17.22B | 16.24B | 25.59B | 10.03B | 8.56B | 9.99B | 10.03B | 12.05B | 13.09B | 15.26B | 13.56B | 11.27B | 10.52B | 11.22B | 3.28B | 9.31B | 6.39B | 5.97B | 3.52B | 4.63B | 2.33B | 633M | 1.01B | 3.45B | 2.46B | 5.15B | 5.26B |
| Cash Only | 9.44B | 10.92B | 13.8B | 12.69B | 14.61B | 8.05B | 7.75B | 9.48B | 7.64B | 8.81B | 8.8B | 11.3B | 11.73B | 9.09B | 10.34B | 10.05B | 5.36B | 9.21B | 3.27B | 7.04B | 6.12B | 5.41B | 3.2B | 4.63B | 2.33B | 633M | 1.01B | 3.35B | 2.18B | 4.42B | 4.38B |
| Short-Term Investments | 0 | 18.48B | 12.48B | 3.27B | 2.61B | 8.19B | 17.84B | 545M | 927M | 1.18B | 1.23B | 750M | 1.36B | 6.17B | 3.22B | 1.22B | 5.16B | 2.01B | 11M | 2.27B | 268M | 554M | 319M | 0 | 0 | 0 | 0 | 100M | 279M | 729M | 883M |
| Accounts Receivable | 13.28B | 12.08B | 11.2B | 11.06B | 11.3B | 11.38B | 10.05B | 12.47B | 14.36B | 11.4B | 9.26B | 8.93B | 7.92B | 6.89B | 5.97B | 6.27B | 5.42B | 5.79B | 5.6B | 5.74B | 5.29B | 5.25B | 4.65B | 4.67B | 5.01B | 5.16B | 5.52B | 3.45B | 3.29B | 3.12B | 2.87B |
| Days Sales Outstanding | 49.66 | 49.28 | 61.46 | 51.92 | 61.95 | 66.68 | 63.08 | 59.46 | 51.84 | 44.25 | 35.74 | 33.89 | 31.85 | 29.03 | 26.68 | 33.29 | 30.78 | 30.92 | 33.57 | 31.56 | 31.35 | 35.71 | 32.38 | 33.73 | 33.8 | 32.34 | 39.25 | 21.73 | 21.37 | 24.87 | 46.19 |
| Inventory | 87.22B | 84.68B | 87.55B | 79.74B | 78.15B | 78.82B | 81.72B | 76.62B | 62.57B | 44.34B | 43.2B | 47.26B | 46.76B | 42.91B | 37.75B | 32.24B | 24.32B | 16.93B | 15.61B | 9.56B | 8.11B | 7.94B | 4.25B | 5.34B | 6.18B | 6.92B | 6.79B | 6.54B | 8.35B | 8.97B | 6.94B |
| Days Inventory Outstanding | 355.83 | 362.88 | 466.67 | 415.28 | 451.75 | 515.56 | 521.91 | 388.06 | 280.24 | 211.27 | 195.17 | 210.13 | 222.35 | 213.78 | 200.73 | 210.64 | 171.2 | 109.31 | 113.09 | 65.33 | 58.63 | 64.94 | 34.7 | 43.98 | 49.61 | 51.78 | 56.73 | 46.51 | 60.29 | 80.53 | 118.76 |
| Other Current Assets | 14.2B | 2.3B | 2.96B | 2.5B | 2.85B | 2.22B | 4.29B | 3.11B | 2.33B | 2.73B | 0 | 0 | 18M | 14M | 28M | 29M | 31M | 966M | 1.05B | 2.67B | 3.21B | 2.82B | 2.68B | 2.77B | 3.33B | 3.5B | 3.13B | 2.27B | 2.28B | 2.03B | 2.14B |
| Total Non-Current Assets | 40.65B | 39.78B | 28.36B | 27.74B | 27.58B | 29.89B | 30.49B | 31.4B | 29.53B | 27.17B | 27.51B | 26.17B | 31.41B | 27.59B | 31.59B | 30.18B | 27.99B | 26.78B | 27.82B | 31.71B | 28.81B | 38.09B | 38.86B | 35.78B | 35.49B | 32.14B | 26.16B | 20.43B | 20.3B | 18.76B | 12.17B |
| Property, Plant & Equipment | 16.15B | 15.6B | 11.73B | 11.52B | 10.55B | 10.92B | 11.82B | 12.5B | 12.64B | 12.67B | 12.81B | 12.08B | 11.01B | 10.22B | 9.66B | 9.31B | 8.93B | 8.78B | 8.76B | 8.27B | 7.67B | 8.42B | 8.44B | 8.43B | 8.77B | 8.46B | 8.81B | 8.24B | 8.59B | 8.39B | 6.81B |
| Fixed Asset Turnover | 6.58x | 5.73x | 5.67x | 6.75x | 6.31x | 5.70x | 4.92x | 6.12x | 8.00x | 7.42x | 7.38x | 7.96x | 8.25x | 8.47x | 8.46x | 7.38x | 7.20x | 7.77x | 6.95x | 8.03x | 8.02x | 6.37x | 6.21x | 5.99x | 6.17x | 6.88x | 5.82x | 7.03x | 6.54x | 5.46x | 3.33x |
| Goodwill | 17.63B | 17.27B | 8.08B | 8.09B | 8.06B | 8.07B | 8.08B | 8.06B | 7.84B | 5.56B | 5.32B | 5.13B | 5.12B | 5.04B | 5.04B | 4.95B | 4.94B | 4.32B | 3.65B | 3.08B | 3.05B | 1.92B | 1.95B | 1.91B | 2.76B | 5.13B | 0 | 0 | 2.31B | 2.4B | 2.48B |
| Intangible Assets | 1.52B | 1.57B | 1.96B | 2.09B | 2.31B | 2.56B | 2.84B | 3.34B | 3.43B | 2.57B | 2.54B | 2.66B | 2.87B | 3.05B | 3.11B | 3.04B | 2.98B | 2.88B | 2.69B | 2.09B | 1.7B | 875M | 955M | 1.03B | 1.13B | 1.32B | 5.21B | 2.23B | 0 | 0 | 0 |
| Long-Term Investments | 4.18B | 1.05B | 999M | 1.03B | 983M | 975M | 1.02B | 1.09B | 1.09B | 1.26B | 1.32B | 1.28B | 1.15B | 1.2B | 1.18B | 1.04B | 1.11B | 1.03B | 1.33B | 4.11B | 4.08B | 2.85B | 3.05B | 20.64B | 15.55B | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4.16B | 4.18B | 5.41B | 4.93B | 5.61B | 7.29B | 6.65B | 5.72B | 4.24B | 4.77B | 5.19B | 4.77B | 4.69B | 5.13B | 5.85B | 5.94B | 6B | 6.71B | 7.28B | 13.96B | 11.26B | 23.88B | 24.31B | 2.52B | 5.24B | 17.23B | 12.08B | 9.96B | 8.98B | 7.96B | 2.47B |
| Total Assets | 164.79B | 168.24B | 156.36B | 137.01B | 137.1B | 138.55B | 152.14B | 133.63B | 117.36B | 92.33B | 90B | 94.41B | 99.2B | 92.66B | 88.9B | 79.99B | 68.56B | 62.05B | 53.78B | 58.99B | 51.79B | 60.06B | 53.96B | 53.03B | 52.34B | 48.34B | 42.03B | 36.15B | 36.67B | 38.02B | 27.25B |
| Asset Turnover | 0.58x | 0.53x | 0.43x | 0.57x | 0.49x | 0.45x | 0.38x | 0.57x | 0.86x | 1.02x | 1.05x | 1.02x | 0.91x | 0.93x | 0.92x | 0.86x | 0.94x | 1.10x | 1.13x | 1.13x | 1.19x | 0.89x | 0.97x | 0.95x | 1.03x | 1.20x | 1.22x | 1.60x | 1.53x | 1.20x | 0.83x |
| Asset Growth % | 30.53% | 7.59% | 14.12% | -0.06% | -1.05% | -8.93% | 13.85% | 13.86% | 27.1% | 2.6% | -4.67% | -4.83% | 7.05% | 4.24% | 11.14% | 16.66% | 10.49% | 15.39% | -8.83% | 13.89% | -13.76% | 11.29% | 1.75% | 1.32% | 8.27% | 15.03% | 16.27% | -1.43% | -3.56% | 39.52% | 23.33% |
| Total Current Liabilities | 105.55B | 108.11B | 97.08B | 95.83B | 90.05B | 81.99B | 87.28B | 97.31B | 81.59B | 56.27B | 50.13B | 50.41B | 56.72B | 51.49B | 44.98B | 41.27B | 35.4B | 32.88B | 30.93B | 31.54B | 29.7B | 28.19B | 20.84B | 18.45B | 19.81B | 20.49B | 18.29B | 13.66B | 13.42B | 14.15B | 8.64B |
| Accounts Payable | 13.71B | 13.11B | 11.36B | 11.96B | 10.2B | 9.26B | 12.93B | 15.55B | 12.92B | 12.2B | 11.19B | 10.8B | 10.67B | 9.5B | 9.39B | 8.41B | 7.71B | 7.1B | 5.87B | 16.68B | 16.2B | 16.51B | 14.87B | 13.51B | 13.74B | 14.24B | 12.31B | 4.91B | 5.26B | 5.61B | 4.79B |
| Days Payables Outstanding | 51.78 | 56.18 | 60.57 | 62.31 | 58.96 | 60.57 | 82.57 | 78.77 | 57.85 | 58.13 | 50.56 | 48.02 | 50.73 | 47.32 | 49.95 | 54.92 | 54.32 | 45.81 | 42.53 | 113.93 | 117.19 | 135.06 | 121.48 | 111.34 | 110.22 | 106.53 | 102.81 | 34.91 | 38 | 50.37 | 81.93 |
| Short-Term Debt | 2.85B | 8.35B | 1.19B | 5.13B | 5.13B | 1.24B | 1.63B | 7.27B | 3.19B | 383M | 384M | 1.23B | 929M | 1.56B | 1.34B | 2.26B | 948M | 707M | 560M | 762M | 1.38B | 1.19B | 1.32B | 1.14B | 1.81B | 1.4B | 1.23B | 752M | 869M | 731M | 13M |
| Deferred Revenue (Current) | 176.77B | 59.4B | 60.33B | 56.33B | 53.08B | 52.98B | 50.49B | 51.55B | 50.68B | 27.44B | 23.87B | 24.36B | 23.18B | 20.03B | 16.67B | 2.78B | 607M | 182M | 41M | 253M | 670M | 269M | 745M | 775M | 542M | 0 | 2.94B | 2.42B | 2.33B | 2.15B | 0 |
| Other Current Liabilities | 88.98B | 17.41B | 16.33B | 14.34B | 13.18B | 10.49B | 9.03B | 7.26B | 7.42B | 52.16B | 8.82B | 8.13B | 7.47B | 7.91B | 7.23B | 6.69B | 8.61B | 8.16B | 7.24B | -5B | -4.85B | -4.37B | 763M | 3.51B | 3.12B | 3.94B | -59M | 5.57B | 4.96B | 5.66B | 1.84B |
| Current Ratio | 1.18x | 1.19x | 1.32x | 1.14x | 1.22x | 1.33x | 1.39x | 1.05x | 1.08x | 1.16x | 1.25x | 1.35x | 1.20x | 1.26x | 1.27x | 1.21x | 1.15x | 1.07x | 0.84x | 0.86x | 0.77x | 0.78x | 0.72x | 0.94x | 0.85x | 0.79x | 0.87x | 1.15x | 1.22x | 1.36x | 1.74x |
| Quick Ratio | 0.35x | 0.40x | 0.42x | 0.31x | 0.35x | 0.36x | 0.46x | 0.26x | 0.31x | 0.37x | 0.38x | 0.42x | 0.37x | 0.43x | 0.43x | 0.43x | 0.46x | 0.56x | 0.33x | 0.56x | 0.50x | 0.50x | 0.52x | 0.65x | 0.54x | 0.45x | 0.50x | 0.67x | 0.60x | 0.73x | 0.94x |
| Cash Conversion Cycle | 353.71 | 355.98 | 467.56 | 404.89 | 454.74 | 521.66 | 502.41 | 368.75 | 274.24 | 197.38 | 180.35 | 196 | 203.47 | 195.49 | 177.46 | 189.01 | 147.66 | 94.43 | 104.13 | -17.04 | -27.21 | -34.41 | -54.41 | -33.63 | -26.81 | -22.42 | -6.82 | 33.33 | 43.66 | 55.03 | 83.02 |
| Total Non-Current Liabilities | 53.25B | 54.66B | 63.2B | 58.41B | 62.9B | 71.41B | 82.93B | 44.61B | 35.36B | 35.65B | 38.99B | 37.6B | 35.9B | 26.18B | 37.95B | 35.1B | 30.31B | 26.95B | 24.15B | 18.44B | 17.35B | 20.81B | 21.84B | 26.45B | 24.84B | 17.03B | 12.72B | 11.03B | 10.93B | 10.92B | 7.67B |
| Long-Term Debt | 44.35B | 45.5B | 52.43B | 46.93B | 51.67B | 56.69B | 61.75B | 19.8B | 10.56B | 9.7B | 9.49B | 8.63B | 8.04B | 7.99B | 8.89B | 9.88B | 11.47B | 12.22B | 6.95B | 7.46B | 8.16B | 9.54B | 10.88B | 13.3B | 12.59B | 10.87B | 7.57B | 5.98B | 6.1B | 6.12B | 3.98B |
| Capital Lease Obligations | 139M | 139M | 153M | 176M | 141M | 119M | 138M | 158M | 99M | 86M | 81M | 97M | 97M | 83M | 83M | 138M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 837M | 216M | 122M | 229M | 230M | 218M | 1.01B | 413M | 1.74B | 1.84B | 1.34B | 2.39B | 2.21B | 0 | 0 | 0 | 0 | 827M | 0 | 1.19B | 0 | 2.07B | 1.09B | 0 | 0 | 177M | 0 | 172M | 0 | 0 | 0 |
| Other Non-Current Liabilities | 8.66B | 8.81B | 10.49B | 11.08B | 10.86B | 14.38B | 20.03B | 24.24B | 22.91B | 24.03B | 28.08B | 26.38B | 25.55B | 18.11B | 28.97B | 25.09B | 1.01B | 537M | 17.2B | 9.8B | 9.2B | 8.94B | 9.13B | 12.37B | 11.71B | 5.37B | 5.15B | 4.88B | 4.83B | 4.8B | 3.69B |
| Total Liabilities | 158.8B | 162.78B | 160.28B | 154.24B | 152.95B | 153.4B | 170.21B | 141.93B | 116.95B | 91.92B | 89.12B | 88.01B | 90.41B | 77.67B | 82.93B | 76.38B | 65.7B | 59.83B | 55.07B | 49.98B | 47.05B | 49B | 42.68B | 44.9B | 44.65B | 37.52B | 31.01B | 24.68B | 24.36B | 25.07B | 16.31B |
| Total Debt | 47.21B | 54.43B | 54.19B | 52.6B | 57.28B | 58.37B | 63.85B | 27.55B | 13.85B | 11.12B | 10.01B | 9.96B | 9.07B | 9.7B | 10.41B | 12.37B | 12.42B | 12.92B | 7.51B | 8.22B | 9.54B | 10.73B | 12.2B | 14.44B | 14.4B | 12.27B | 8.8B | 6.73B | 6.97B | 6.85B | 3.99B |
| Net Debt | 37.77B | 43.51B | 40.39B | 39.91B | 42.66B | 50.32B | 56.1B | 18.07B | 6.11B | 2.22B | 1.21B | -1.44B | -2.76B | 615M | -15M | 2.32B | 7.06B | 3.71B | 4.24B | 1.18B | 3.42B | 5.32B | 9B | 9.81B | 12.07B | 11.63B | 7.79B | 3.38B | 4.79B | 2.43B | -382M |
| Debt / Equity | 7.89x | 9.97x | - | - | - | - | - | - | 33.77x | 26.98x | 11.41x | 1.56x | 1.03x | 0.65x | 1.74x | 3.43x | 4.34x | 5.81x | - | 0.91x | 2.01x | 0.97x | 1.08x | 1.77x | 1.87x | 1.13x | 0.80x | 0.59x | 0.57x | 0.53x | 0.36x |
| Debt / EBITDA | -14.09x | - | - | 50.19x | - | 26.45x | - | 82.25x | 1.00x | 0.91x | 1.34x | 1.11x | 1.00x | 1.19x | 1.33x | 1.72x | 1.93x | 3.65x | 1.46x | 1.16x | 1.84x | 2.64x | 3.25x | 7.61x | 2.68x | 2.17x | 1.94x | 1.40x | 2.19x | 6.21x | 1.70x |
| Net Debt / EBITDA | -11.27x | - | - | 38.08x | - | 22.80x | - | 53.94x | 0.44x | 0.18x | 0.16x | -0.16x | -0.30x | 0.08x | -0.00x | 0.32x | 1.10x | 1.05x | 0.82x | 0.17x | 0.66x | 1.31x | 2.40x | 5.17x | 2.25x | 2.06x | 1.72x | 0.70x | 1.50x | 2.21x | -0.16x |
| Interest Coverage | 1.89x | 1.95x | -3.48x | 0.18x | -0.98x | -0.88x | -5.71x | -2.13x | 25.43x | 29.08x | 19.20x | 27.02x | 22.43x | 17.15x | 13.76x | 11.83x | 9.73x | 6.11x | 20.78x | 32.21x | 14.31x | 5.23x | 3.86x | 2.40x | 4.79x | 6.48x | 7.74x | - | - | - | - |
| Total Equity | 5.99B | 5.46B | -3.91B | -17.23B | -15.85B | -14.85B | -18.07B | -8.3B | 410M | 412M | 877M | 6.4B | 8.79B | 15B | 5.97B | 3.61B | 2.86B | 2.23B | -1.29B | 9B | 4.74B | 11.06B | 11.29B | 8.14B | 7.7B | 10.82B | 11.02B | 11.46B | 12.32B | 12.95B | 10.94B |
| Equity Growth % | 666.13% | 239.42% | 77.28% | -8.71% | -6.75% | 17.86% | -117.77% | -2124.39% | -0.49% | -53.02% | -86.29% | -27.22% | -41.39% | 151.33% | 65.38% | 26.07% | 28.63% | 271.95% | -114.37% | 90% | -57.15% | -2.01% | 38.67% | 5.76% | -28.91% | -1.77% | -3.86% | -6.93% | -4.92% | 18.39% | 10.54% |
| Book Value per Share | 7.32 | 7.16 | -6.05 | -28.42 | -26.63 | -25.25 | -31.77 | -14.62 | 0.70 | 0.67 | 1.36 | 9.19 | 11.91 | 19.49 | 7.81 | 4.79 | 3.85 | 3.12 | -1.78 | 11.66 | 6.02 | 13.77 | 13.88 | 10.06 | 9.52 | 13.05 | 12.65 | 12.38 | 12.61 | 13.35 | 11.14 |
| Total Shareholders' Equity | 5.99B | 5.45B | -3.91B | -17.23B | -15.88B | -15B | -18.32B | -8.62B | 339M | 355M | 817M | 6.33B | 8.66B | 14.88B | 5.87B | 3.52B | 2.77B | 2.13B | -1.29B | 9B | 4.74B | 11.06B | 11.29B | 8.14B | 7.7B | 10.82B | 11.02B | 11.46B | 12.32B | 12.95B | 10.94B |
| Common Stock | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5.06B | 5B | 1.8B |
| Retained Earnings | 17.16B | 17.25B | 15.36B | 27.25B | 29.47B | 34.41B | 38.61B | 50.64B | 55.94B | 45.32B | 40.71B | 38.76B | 36.18B | 32.96B | 30.04B | 27.52B | 24.78B | 22.75B | 22.68B | 21.38B | 18.45B | 17.28B | 15.56B | 14.41B | 14.26B | 14.34B | 12.09B | 10.49B | 8.71B | 8.15B | 8.45B |
| Treasury Stock | -27.65B | -28.03B | -32.39B | -49.55B | -50.81B | -51.86B | -52.64B | -54.91B | -52.35B | -43.45B | -36.1B | -29.57B | -23.3B | -17.67B | -15.94B | -16.6B | -17.19B | -15.91B | -17.76B | -14.84B | -12.46B | -11.07B | -8.81B | -8.32B | -8.4B | -8.51B | -6.22B | -4.16B | -1.32B | -9M | -1M |
| Accumulated OCI | -10.27B | -10.28B | -10.91B | -10.3B | -9.55B | -11.66B | -17.13B | -16.15B | -15.08B | -13.38B | -13.62B | -12.75B | -13.9B | -9.89B | -17.42B | -16.5B | -13.76B | -11.88B | -13.53B | -4.6B | -8.22B | -1.78B | -1.93B | -4.14B | -4.04B | -485M | -2.6B | -1.61B | -1.27B | -1.27B | -1.26B |
| Minority Interest | 0 | 3M | -6M | 5M | 35M | 153M | 241M | 317M | 71M | 57M | 60M | 62M | 125M | 122M | 100M | 93M | 96M | 97M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Excessive leverage and insolvency
As reported in recent financial filings, Boeing's equity position has deteriorated significantly, shifting from a negative $17.2 billion in 2023Q4 to a precarious $6.0 billion positive balance by 2026Q1, a trend that underscores the persistent erosion of the company's net asset value over the observed period.
The prolonged period of negative equity suggests that the company has been operating in a state of technical insolvency for several quarters, relying heavily on debt to bridge operational gaps. This trajectory warrants close monitoring, as the thin margin of positive equity leaves the balance sheet highly sensitive to further impairment charges or unexpected operational shocks.
Based on reported figures, the company's debt-to-equity ratio reached a staggering 9.97 in 2025Q4, reflecting a reliance on external financing that appears unsustainable given the current operational environment and the company's inability to consistently generate positive free cash flow to service these obligations.
The substantial debt load of $47.2 billion as of 2026Q1 indicates that interest expense will likely remain a significant drag on future profitability. Investors should consider that such high leverage levels limit management's ability to pivot or invest in R&D, potentially forcing the company to prioritize debt servicing over necessary manufacturing improvements.
According to quarterly balance sheet data, the current ratio has hovered near 1.18, suggesting that while the company maintains enough short-term assets to cover immediate liabilities, the buffer remains dangerously thin given the unpredictable nature of production-related cash outflows and ongoing regulatory oversight of the 737 program.
The fluctuation in cash reserves, which dropped from $13.8 billion in 2024Q4 to $9.4 billion in 2026Q1, highlights the company's vulnerability to liquidity crunches. This narrow margin of safety implies that any further disruption to delivery schedules could necessitate emergency financing or further asset liquidation.
As evidenced by the balance sheet, the company carries $17.6 billion in goodwill as of 2026Q1, a figure that appears increasingly disconnected from the current operational reality and may necessitate significant future write-downs if the commercial aviation segment fails to achieve its projected recovery targets.
The presence of such a large intangible asset base on a balance sheet with minimal equity suggests that the company is highly exposed to impairment risk. If management is forced to recognize these losses, it would likely push the company back into a negative equity position, further complicating its credit profile.
Quick answers to the most common questions about buying BA stock.
As of 2025, The Boeing Company (BA) had total assets of $168.24B including $128.46B in current assets.
The Boeing Company (BA) carries total debt of $54.43B, offset by $29.40B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
The Boeing Company (BA) has total shareholders' equity (book value) of $5.45B ($7.16 book value per share). Book value represents the net worth of the company belonging to common stock holders.
The Boeing Company (BA) reported a current ratio of 1.19x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.