The company maintains a debt-to-equity ratio of 1.24 as of 2026Q1, with a concerning current ratio of 0.31 that suggests limited short-term 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 | 60.39M | 23.78M | 79.56M | 83.02M | 82.26M | 90.81M | 95.29M | 64.61M | 78.49M | 60.33M | 77.07M | 93M | 81.32M | 70.84M | 82.72M | 87M | 82.72M | 74.3M | 35.72M | 75.98M | 95.55M | 58.23M | 28.32M | 32.11M | 35.91M | 11.2M | 2.46M | 1.06M | 2.3M | 3.1M | 6.4M |
| Cash & Short-Term Investments | 22.67M | 23.78M | 26.1M | 29.07M | 24.87M | 38.53M | 51.66M | 22.39M | 29.22M | 24.34M | 22.76M | 34.6M | 30.68M | 30.98M | 33.39M | 45.4M | 53.19M | 44.91M | 8.85M | 52.72M | 84.65M | 49.85M | 19.54M | 26.94M | 32.73M | 8.9M | 1.41M | 188.81K | 1.5M | 1.7M | 5.5M |
| Cash Only | 22.67M | 23.78M | 26.1M | 29.07M | 24.87M | 38.53M | 51.66M | 22.39M | 29.22M | 24.34M | 22.76M | 34.6M | 30.68M | 23M | 15.07M | 22.39M | 31.52M | 44.91M | 8.85M | 11.62M | 51.76M | 8.14M | 3.77M | 4.9M | 29.05M | 8.9M | 1.41M | 188.81K | 1.5M | 1.7M | 5.5M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.99M | 18.32M | 23M | 21.67M | 0 | 0 | 41.1M | 32.9M | 41.7M | 15.78M | 22.04M | 3.68M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 14.62M | 18.39M | 20.4M | 19.47M | 28.59M | 29.05M | 23.63M | 22.2M | 31.19M | 13.87M | 14.7M | 25.36M | 18.8M | 12.78M | 18.93M | 14.54M | 10.04M | 13.19M | 10.08M | 11.23M | 2.37M | 2.38M | 2.3M | 1.87M | 691K | 146K | 181.32K | 141.97K | 200K | 200K | 200K |
| Days Sales Outstanding | 4.34 | 4.8 | 5.49 | 5.33 | 8.13 | 9.76 | 11.08 | 6.98 | 10.19 | 4.9 | 5.4 | 10.07 | 8.11 | 6.02 | 9.75 | 8.55 | 7.13 | 11.29 | 9.84 | 12.97 | 3.62 | 4.87 | 6.5 | 6.63 | 3.33 | 0.82 | 1.26 | 1.39 | 2.43 | 2.79 | 3.67 |
| Inventory | 12.82M | 13.11M | 12.77M | 13.24M | 11.89M | 11.58M | 10.67M | 11.1M | 10.13M | 10.51M | 9.91M | 8.89M | 8.01M | 7.43M | 6.06M | 5.96M | 4.96M | 3.99M | 3.61M | 2.54M | 2.06M | 1.72M | 1.29M | 959K | 780K | 668.52K | 570.15K | 455.88K | 300K | 400K | 300K |
| Days Inventory Outstanding | 13.03 | 13.54 | 13.29 | 4.18 | 3.81 | 4.41 | 5.39 | 4.15 | 4.01 | 4.46 | 4.51 | 4.41 | 4.21 | 4.24 | 3.87 | 4.4 | 5.95 | 5.7 | 13.94 | 11.55 | 12.24 | 12.84 | 9.84 | 8.96 | 5.12 | 14.01 | 14.4 | 15.86 | 9.13 | 13.15 | 18.88 |
| Other Current Assets | 10.27M | -31.5M | 20.3M | 21.24M | 16.91M | 0 | 9.32M | 8.91M | 0 | 11.62M | 0 | 16.97M | 14.6M | 10.62M | 8.37M | 21.1M | 11.68M | 9.78M | 13.18M | 6.04M | 3.76M | 2.39M | 1.82M | 1.18M | 384K | 356K | 305.69K | 271.85K | 300K | 800K | 400K |
| Total Non-Current Assets | 938.68M | 991.67M | 961.5M | 1.14B | 1.13B | 944.35M | 964.13M | 1.17B | 616.62M | 624.63M | 631.81M | 588.66M | 565.76M | 540.04M | 484.16M | 415.08M | 347.36M | 306.82M | 299.49M | 209.31M | 154.3M | 105.73M | 72.55M | 51.6M | 41.94M | 29.06M | 27.53M | 18.09M | 15.3M | 14.7M | 12.5M |
| Property, Plant & Equipment | 0 | 0 | 847.52M | 875.28M | 875.9M | 871.36M | 910.4M | 966.99M | 582.75M | 589.84M | 601.32M | 561.83M | 541.35M | 513.6M | 457.5M | 390.59M | 330.11M | 291.91M | 262.2M | 202.78M | 148.4M | 99.77M | 66.49M | 46.31M | 36.18M | 22.85M | 19.53M | 12.53M | 9.6M | 8.7M | 6.2M |
| Fixed Asset Turnover | 3.38x | - | 1.60x | 1.52x | 1.47x | 1.25x | 0.86x | 1.20x | 1.92x | 1.75x | 1.65x | 1.64x | 1.56x | 1.51x | 1.55x | 1.59x | 1.56x | 1.46x | 1.43x | 1.56x | 1.61x | 1.79x | 1.94x | 2.22x | 2.09x | 2.83x | 2.68x | 2.98x | 3.14x | 3.01x | 3.21x |
| Goodwill | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 4.67M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.76M | 4.76M | 5.47M | 5.76M | 5.2M | 5.4M | 5.5M | 5.7M |
| Long-Term Investments | 8.12M | 4.08M | 4.27M | 4.77M | 5M | 0 | 0 | 0 | -15.98M | -21.69M | -18.38M | -16.97M | -14.6M | 1.8M | 7.53M | 7.74M | 1M | 0 | 30.62M | -6.04M | -3.76M | -2.39M | -1.74M | -143K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 934.01M | 982.92M | 42.73M | 40.56M | 39.78M | 43.42M | 42.84M | 35.81M | 29.19M | 30.11M | 25.81M | 22.16M | 19.74M | 19.97M | -1.27M | -1.12M | -106K | 10.24M | -6.69M | 1.86M | 1.23M | 1.28M | 1.38M | 530K | 829K | 253.53K | 2.24M | 353.6K | 300K | 500K | 600K |
| Total Assets | 999.07M | 1.02B | 1.04B | 1.22B | 1.21B | 1.04B | 1.06B | 1.23B | 695.11M | 684.96M | 708.88M | 681.66M | 647.08M | 619.7M | 566.88M | 502.08M | 430.08M | 381.12M | 335.21M | 285.3M | 249.85M | 163.96M | 100.87M | 83.7M | 77.85M | 40.26M | 29.99M | 19.14M | 17.6M | 17.8M | 18.9M |
| Asset Turnover | 1.39x | 1.38x | 1.30x | 1.09x | 1.06x | 1.05x | 0.73x | 0.94x | 1.61x | 1.51x | 1.40x | 1.35x | 1.31x | 1.25x | 1.25x | 1.24x | 1.19x | 1.12x | 1.12x | 1.11x | 0.96x | 1.09x | 1.28x | 1.23x | 0.97x | 1.61x | 1.75x | 1.95x | 1.71x | 1.47x | 1.05x |
| Asset Growth % | -8.2% | -2.46% | -14.85% | 0.76% | 17.21% | -2.29% | -14.15% | 77.53% | 1.48% | -3.37% | 3.99% | 5.34% | 4.42% | 9.32% | 12.91% | 16.74% | 12.85% | 13.7% | 17.49% | 14.19% | 52.39% | 62.55% | 20.5% | 7.52% | 93.39% | 34.22% | 56.67% | 8.77% | -1.12% | -5.82% | - |
| Total Current Liabilities | 193.47M | 187.78M | 196.31M | 199.32M | 196.86M | 200.43M | 177.9M | 158.43M | 150.43M | 122.54M | 125.7M | 116.89M | 107.03M | 92.14M | 82.48M | 74.17M | 64.08M | 66.74M | 55.34M | 42.48M | 36.43M | 26.41M | 18.6M | 11.54M | 9.98M | 7.44M | 7.86M | 3.61M | 3.1M | 2.8M | 3.1M |
| Accounts Payable | 0 | 38.35M | 51.01M | 60.64M | 59.56M | 48.84M | 37.77M | 23.42M | 36.51M | 25.27M | 31.14M | 33.03M | 34.4M | 31.48M | 25.66M | 23.76M | 19.22M | 15.41M | 12.69M | 10.78M | 11.95M | 4.93M | 6.2M | 2.8M | 4.87M | 2.49M | 3.15M | 1.11M | 1.1M | 1M | 1.3M |
| Days Payables Outstanding | 34.14 | 39.62 | 53.11 | 19.16 | 19.08 | 18.62 | 19.09 | 8.76 | 14.45 | 10.73 | 14.18 | 16.37 | 18.09 | 17.98 | 16.41 | 17.54 | 23.05 | 22.01 | 49.05 | 48.95 | 70.99 | 36.74 | 47.12 | 26.13 | 31.92 | 52.1 | 79.47 | 38.79 | 33.46 | 32.88 | 81.81 |
| Short-Term Debt | 44.29M | 44.09M | 0 | 37.39M | 40.04M | 0 | 36.81M | 32.19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 208K | 408K | 1.22B | 1.24M | 782.2K | 700K | 700K | 700K |
| Deferred Revenue (Current) | 16.06M | 0 | 0 | 14.38M | 14.42M | 23.45M | 17.27M | 19.11M | 27.27M | 14.96M | 12.97M | 11.36M | 9.59M | 7.8M | 7.22M | 6.08M | 0 | 0 | 3.55M | 2.96M | 2.9M | 1.84M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 149.18M | 98.33M | 40.79M | 28.29M | 29.48M | 21.05M | 29.22M | 27.27M | 36.68M | 31.31M | 28.33M | 22.16M | 17.79M | 16.58M | 15.1M | 14.93M | 22.2M | 34.24M | 28.73M | 19.49M | 11.55M | 14.65M | 6.95M | 0 | 0 | -1.21B | 3.47M | 1.71M | 1.3M | 1.1M | 1.1M |
| Current Ratio | 0.31x | 0.13x | 0.41x | 0.42x | 0.42x | 0.45x | 0.54x | 0.41x | 0.52x | 0.49x | 0.61x | 0.80x | 0.76x | 0.77x | 1.00x | 1.17x | 1.29x | 1.11x | 0.65x | 1.79x | 2.62x | 2.21x | 1.52x | 2.78x | 3.60x | 1.50x | 0.31x | 0.29x | 0.74x | 1.11x | 2.06x |
| Quick Ratio | 0.25x | 0.06x | 0.34x | 0.35x | 0.36x | 0.40x | 0.48x | 0.34x | 0.45x | 0.41x | 0.53x | 0.72x | 0.68x | 0.69x | 0.93x | 1.09x | 1.21x | 1.05x | 0.58x | 1.73x | 2.57x | 2.14x | 1.45x | 2.70x | 3.52x | 1.42x | 0.24x | 0.17x | 0.65x | 0.96x | 1.97x |
| Cash Conversion Cycle | -16.77 | -21.29 | -34.33 | -9.64 | -7.15 | -4.45 | -2.62 | 2.37 | -0.25 | -1.36 | -4.27 | -1.89 | -5.77 | -7.72 | -2.78 | -4.59 | -9.97 | -5.02 | -25.27 | -24.42 | -55.14 | -19.03 | -30.77 | -10.54 | -23.48 | -37.27 | -63.81 | -21.54 | -21.91 | -16.94 | -59.26 |
| Total Non-Current Liabilities | 433.06M | 461.49M | 474.74M | 657.54M | 670.98M | 500.96M | 587.74M | 785.29M | 235.46M | 303.69M | 308.28M | 248.29M | 191.37M | 117.3M | 112.56M | 95.46M | 78.17M | 61.4M | 47.6M | 22.29M | 10.56M | 7.65M | 3.48M | 1.12M | 1.25M | 4.72M | 6.83M | 2.19M | 2.4M | 3M | 3.5M |
| Long-Term Debt | 418.36M | 85M | 66.5M | 68M | 60M | 50M | 116.8M | 143M | 95M | 163.5M | 148M | 100.5M | 58M | 0 | 0 | 0 | 0 | 5M | 9.5M | 0 | 0 | 0 | 0 | 0 | 153K | 3.13B | 3.83M | 2.08M | 2.2M | 2.9M | 3.3M |
| Capital Lease Obligations | 374.55M | 361.67M | 394.13M | 414.11M | 432.68M | 436.02M | 456.87M | 448.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 164.17M | 167.43M | 0 | 0 | 182.08M | 15.98M | 21.69M | 55.15M | 46.67M | 38.97M | 30.58M | 40.85M | 31.56M | 23.98M | 17.94M | 11.8M | 6.96M | 2.4M | 1.96M | 1.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 14.7M | 14.81M | 14.11M | 11.25M | 10.87M | 14.95M | 14.07M | 11.87M | 124.48M | 138.78M | 105.13M | 101.12M | 94.39M | 86.72M | 79.07M | 63.9M | 54.2M | 38.46M | 26.29M | 15.34M | 8.16M | 5.69M | 1.74M | 1.12M | 1.09M | -3.13B | 3M | 109.13K | 200K | 100K | 200K |
| Total Liabilities | 626.54M | 649.26M | 671.05M | 856.87M | 867.84M | 701.39M | 765.64M | 943.72M | 385.89M | 426.23M | 433.98M | 365.18M | 298.39M | 218.26M | 195.04M | 169.63M | 142.26M | 128.14M | 102.93M | 64.78M | 46.99M | 34.06M | 22.09M | 12.65M | 11.23M | 12.16M | 14.69M | 5.8M | 5.5M | 5.8M | 6.6M |
| Total Debt | 462.65M | 490.76M | 500.61M | 519.5M | 532.71M | 525.26M | 610.48M | 623.53M | 95M | 163.5M | 148M | 100.5M | 58M | 0 | 0 | 0 | 0 | 5M | 9.5M | 0 | 0 | 0 | 0 | 208K | 561K | 4.35M | 5.07M | 2.86M | 2.9M | 3.6M | 4M |
| Net Debt | 439.98M | 466.98M | 474.51M | 490.43M | 507.84M | 486.73M | 558.81M | 601.13M | 65.78M | 139.16M | 125.24M | 65.9M | 27.32M | -23M | -15.07M | -22.39M | -31.52M | -39.91M | 648K | -11.62M | -51.76M | -8.14M | -3.77M | -4.69M | -28.49M | -4.56M | 3.66M | 2.67M | 1.4M | 1.9M | -1.5M |
| Debt / Equity | 1.24x | 1.34x | 1.35x | 1.42x | 1.54x | 1.57x | 2.08x | 2.15x | 0.31x | 0.63x | 0.54x | 0.32x | 0.17x | - | - | - | - | 0.02x | 0.04x | - | - | - | - | 0.00x | 0.01x | 0.15x | 0.33x | 0.21x | 0.24x | 0.30x | 0.33x |
| Debt / EBITDA | 3.76x | 3.99x | 5.77x | 6.13x | 8.21x | 9.34x | - | 5.15x | 0.74x | 1.53x | 1.18x | 0.82x | 0.64x | - | - | - | - | 0.11x | 0.32x | - | - | - | - | 0.02x | 0.17x | 0.60x | 1.66x | 1.23x | 1.38x | 3.60x | - |
| Net Debt / EBITDA | 3.57x | 3.80x | 5.47x | 5.79x | 7.82x | 8.65x | - | 4.96x | 0.51x | 1.31x | 0.99x | 0.54x | 0.30x | -0.32x | -0.18x | -0.29x | -0.53x | -0.91x | 0.02x | -0.42x | -2.26x | -0.45x | -0.29x | -0.51x | -8.79x | -0.63x | 1.20x | 1.15x | 0.67x | 1.90x | - |
| Interest Coverage | 15.28x | 10.95x | 2.51x | 3.05x | -1.88x | -2.83x | -11.71x | 11.04x | 12.74x | 9.78x | 37.56x | 62.13x | 167.31x | - | 784.83x | 315.72x | 343.22x | - | - | - | - | - | - | 66.11x | - | 305.99x | 1.81x | 2.17x | - | - | -3.50x |
| Total Equity | 372.53M | 366.19M | 370.02M | 365.76M | 345.51M | 333.77M | 293.79M | 290.29M | 309.22M | 258.73M | 274.9M | 316.48M | 348.69M | 401.44M | 371.83M | 332.45M | 287.83M | 252.98M | 232.28M | 220.52M | 202.86M | 129.9M | 78.78M | 71.05M | 66.62M | 28.09M | 15.31M | 13.35M | 12.1M | 12M | 12.3M |
| Equity Growth % | -6.04% | -1.03% | 1.16% | 5.86% | 3.52% | 13.61% | 1.21% | -6.12% | 19.52% | -5.88% | -13.14% | -9.24% | -13.14% | 7.96% | 11.85% | 15.5% | 13.77% | 8.91% | 5.33% | 8.71% | 56.17% | 64.89% | 10.88% | 6.66% | 137.12% | 83.54% | 14.67% | 10.32% | 0.83% | -2.44% | - |
| Book Value per Share | 17.02 | 16.19 | 15.57 | 15.29 | 14.60 | 14.39 | 13.88 | 14.10 | 14.33 | 11.88 | 11.34 | 12.07 | 12.31 | 13.89 | 12.89 | 11.41 | 10.22 | 9.32 | 8.68 | 8.20 | 8.41 | 5.56 | 3.83 | 3.47 | 3.55 | 2.70 | 1.97 | 1.80 | 1.61 | 1.87 | 2.80 |
| Total Shareholders' Equity | 372.53M | 366.19M | 370.02M | 365.76M | 345.51M | 333.77M | 293.79M | 290.29M | 309.22M | 258.73M | 274.9M | 316.48M | 348.69M | 401.44M | 371.83M | 332.45M | 287.83M | 252.98M | 232.28M | 220.52M | 202.86M | 129.9M | 78.78M | 71.05M | 66.62M | 28.09M | 15.04M | 13.1M | 11.9M | 11.8M | 12.1M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.37M | 93.97M | 182.49M | 180.94M | 179.05M | 173.96M | 0 | 166.65M | 165.58M | 164.59M | 105.3M | 63.38M | 62.51M | 62.09M | 25.81M | 16.08M | 16.08M | 0 | 0 | 0 |
| Retained Earnings | 299.2M | 291.17M | 292.44M | 288.73M | 271.06M | 261.26M | 222.07M | 223.22M | 244.88M | 189.82M | 208.7M | 245.83M | 200.5M | 173.1M | 152.08M | 120.67M | 89.1M | 65.94M | 52.9M | 42.59M | 30.89M | 21.05M | 12.69M | 6.43M | 2.84M | 1.17M | -2.01M | -3.95M | -4.3M | -4.4M | -4.1M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -523.63M | -464.66M | -404.7M | -345.76M | -291.62M | -238.9M | -188.6M | -149.5M | -116.4M | 0 | -4.38M | -4M | -35.1M | -25.1M | -18.1M | 0 | -9.7M | -263.73K | -5.93M | -4.21M | -3M | -1.9M | -900K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 263.34K | 249.16K | 200K | 200K | 200K |
California labor cost inflation
According to recent SEC filings, BJRI's total assets have remained stagnant at approximately $1.0 billion over the last ten quarters, while the company's equity base has shown minimal growth, suggesting that the firm is struggling to build long-term value within its current large-format restaurant operating model.
The lack of meaningful asset growth indicates that the company is primarily focused on maintenance rather than expansion. This stagnation, combined with persistent debt levels, suggests that the balance sheet is not currently positioned to support aggressive strategic initiatives or significant market share gains.
As reported in financial statements, BJRI maintains a debt-to-equity ratio of 1.24 as of 2026Q1, reflecting a reliance on leverage that, while relatively stable, leaves the company with limited room to maneuver during periods of sector-wide economic contraction or unexpected spikes in operational costs.
The company's debt load appears to be a structural necessity to support its capital-intensive footprint rather than a strategic choice for growth. Investors should monitor whether this leverage level restricts the firm's ability to invest in necessary kitchen automation or store remodels required to remain competitive.
Based on BJRI's reported figures, the current ratio has plummeted to 0.31 in 2026Q1, a significant decline from historical levels, which suggests that the company's ability to cover short-term obligations is increasingly reliant on consistent, uninterrupted cash inflows from its high-volume restaurant operations.
This liquidity profile appears highly vulnerable to even minor disruptions in guest traffic or unexpected increases in operating expenses. The thin buffer suggests that the firm lacks the necessary cash reserves to absorb shocks without potentially needing to access more expensive external financing.
As indicated by the balance sheet data, the sudden disappearance of net PPE from the 2026Q1 report warrants further investigation, as it obscures the true value of the company's physical assets and complicates the assessment of long-term capital intensity and potential future impairment risks.
The absence of reported PPE net in the most recent quarter makes it difficult to gauge the actual condition of the restaurant fleet. This lack of transparency may mask the true maintenance burden required to keep the large-format locations operational, potentially leading to an overstatement of the company's underlying asset quality.
Quick answers to the most common questions about buying BJRI stock.
As of 2025, BJ's Restaurants, Inc. (BJRI) had total assets of $1.02B including $23.8M in current assets.
BJ's Restaurants, Inc. (BJRI) carries total debt of $490.8M, offset by $23.8M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
BJ's Restaurants, Inc. (BJRI) has total shareholders' equity (book value) of $366.2M ($16.19 book value per share). Book value represents the net worth of the company belonging to common stock holders.
BJ's Restaurants, Inc. (BJRI) reported a current ratio of 0.13x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.