Stock Analysis on Net

Builders FirstSource Inc. (NYSE:BLDR)

This company has been moved to the archive! The financial data has not been updated since November 1, 2023.

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

Builders FirstSource Inc., liquidity ratios

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Current ratio 1.90 1.86 2.07 1.59 1.88
Quick ratio 1.06 1.04 1.28 0.86 1.00
Cash ratio 0.04 0.02 0.39 0.02 0.01

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Builders FirstSource Inc. current ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Builders FirstSource Inc. quick ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Builders FirstSource Inc. cash ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.

Current Ratio

Builders FirstSource Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Current assets 3,497,647 3,968,269 2,223,682 1,306,867 1,373,751
Current liabilities 1,842,779 2,128,711 1,074,853 821,301 731,259
Liquidity Ratio
Current ratio1 1.90 1.86 2.07 1.59 1.88
Benchmarks
Current Ratio, Competitors2
Boeing Co. 1.22 1.33 1.39 1.05
Caterpillar Inc. 1.39 1.46 1.53 1.47
Eaton Corp. plc 1.38 1.04 1.56 1.70
GE Aerospace 1.16 1.28 1.58 1.16
Honeywell International Inc. 1.25 1.30 1.47 1.34
Lockheed Martin Corp. 1.32 1.42 1.39 1.22
RTX Corp. 1.09 1.19 1.21 1.08
Current Ratio, Sector
Capital Goods 1.22 1.31 1.43 1.17
Current Ratio, Industry
Industrials 1.21 1.30 1.42 1.19

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 3,497,647 ÷ 1,842,779 = 1.90

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Builders FirstSource Inc. current ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.

Quick Ratio

Builders FirstSource Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 80,445 42,603 423,806 14,096 10,127
Accounts receivable, less allowances 1,448,139 1,708,796 822,753 614,946 654,170
Other receivables 234,966 255,075 76,436 77,447 68,637
Contract assets 183,700 207,587 57,265
Total quick assets 1,947,250 2,214,061 1,380,260 706,489 732,934
 
Current liabilities 1,842,779 2,128,711 1,074,853 821,301 731,259
Liquidity Ratio
Quick ratio1 1.06 1.04 1.28 0.86 1.00
Benchmarks
Quick Ratio, Competitors2
Boeing Co. 0.32 0.34 0.41 0.23
Caterpillar Inc. 0.79 0.89 1.02 0.98
Eaton Corp. plc 0.73 0.54 0.68 0.78
GE Aerospace 0.81 0.93 1.27 0.86
Honeywell International Inc. 0.88 0.94 1.15 0.99
Lockheed Martin Corp. 1.09 1.15 1.05 0.93
RTX Corp. 0.69 0.81 0.78 0.73
Quick Ratio, Sector
Capital Goods 0.64 0.71 0.83 0.64
Quick Ratio, Industry
Industrials 0.70 0.78 0.87 0.71

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 1,947,250 ÷ 1,842,779 = 1.06

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Builders FirstSource Inc. quick ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.

Cash Ratio

Builders FirstSource Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 80,445 42,603 423,806 14,096 10,127
Total cash assets 80,445 42,603 423,806 14,096 10,127
 
Current liabilities 1,842,779 2,128,711 1,074,853 821,301 731,259
Liquidity Ratio
Cash ratio1 0.04 0.02 0.39 0.02 0.01
Benchmarks
Cash Ratio, Competitors2
Boeing Co. 0.19 0.20 0.29 0.10
Caterpillar Inc. 0.22 0.31 0.36 0.31
Eaton Corp. plc 0.09 0.08 0.19 0.12
GE Aerospace 0.44 0.54 0.78 0.60
Honeywell International Inc. 0.51 0.59 0.79 0.58
Lockheed Martin Corp. 0.16 0.26 0.23 0.11
RTX Corp. 0.16 0.22 0.25 0.21
Cash Ratio, Sector
Capital Goods 0.26 0.32 0.44 0.31
Cash Ratio, Industry
Industrials 0.29 0.35 0.45 0.34

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 80,445 ÷ 1,842,779 = 0.04

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Builders FirstSource Inc. cash ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.