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Bank of America Corporation logo

Bank of America Corporation (BAC) Current Ratio

Annual Current Ratio

0.960.02-2.04%

Summary

Current Value
As of today, BAC annual current ratio is 0.96, down -2.04% on
Historical Performance
BAC annual current ratio is up +24.68% over the past 3 years, down -4.00% over the past 5 years
All-Time High Comparison
BAC annual current ratio is currently -42.17% below its historical high of 1.66 set on
3-Year Low Comparison
BAC annual current ratio is +24.68% above its 3-year low of 0.77 reached on an earlier date
Sector Comparison
BAC annual current ratio is higher than 57.43% of companies in Financial Services sector

Current Ratio Chart

SUGGESTED SERIES

Performance

BAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Current Ratio0.96-2.0%+24.7%-4.0%-42.2%
Quarterly Current Ratio1.05+7.1%+2.9%+28.1%+7.1%
Price$63.25+38.8%+102.1%+62.1%+674.2%
Annual Current Assets$1,027.63B+5.5%+18.3%+7.7%+63.9%
Annual Current Liabilities$1,074.30B+8.3%-5.2%+12.9%+184.7%
Annual Quick Ratio-
Annual Debt To Equity2.34+3.5%+25.8%+37.6%-29.1%
Piotroski F-Score-
Altman Z-Score0.35+2.9%+150.0%+52.2%+25.0%

Current Ratio Highs

BAC Annual Current Ratio Highs Comparison
PeriodHighDateCurrent
3Y0.99-3.0%
5Y1.00N/A-4.0%
All1.66-42.2%

Current Ratio Lows

BAC Annual Current Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.77N/A+24.7%
5Y0.77+24.7%
All0.24+300.0%

Current Ratio History

YearValueChange
0.96-2.0%
0.98-1.0%
0.99+28.6%
0.77-4.9%
0.81-19.0%
1.00-2.0%
1.02+4.1%
0.98+10.1%
0.89+3.5%
0.86+1.2%
0.85+6.3%
0.80+1.3%
0.790.0%
0.79-14.1%
0.92-44.6%
1.66+325.6%
0.39+62.5%
YearValueChange
0.24-14.3%
0.28-9.7%
0.31-6.1%
0.33+22.2%
0.27-15.6%
0.32+10.3%
0.29+20.8%
0.240.0%
0.24-63.1%
0.65-7.1%
0.70-7.9%
0.76-3.8%
0.79+61.2%
0.49-36.4%
0.77+97.4%
0.39-35.0%
0.60-

FAQ

What is the current annual current ratio of BAC?
As of today, BAC annual current ratio is 0.96
What is 1-year change in BAC annual current ratio?
BAC annual current ratio is down -2.04% year-over-year
What is 3-year change in BAC annual current ratio?
BAC annual current ratio is up +24.68% over the past 3 years
How far is BAC annual current ratio from its all-time high?
BAC annual current ratio is currently -42.17% below its historical high of 1.66 set on December 31, 2010
How does BAC annual current ratio rank versus sector peers?
BAC annual current ratio is higher than 57.43% of companies in Financial Services sector
When is BAC next annual earnings release?
As of today, the next annual earnings release for BAC has not been scheduled

Current Ratio Formula

Data Sources & References

  1. BAC Official Website www.bankofamerica.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/70858/000007085826000011/0000070858-26-000011-index.htm
  3. BAC Profile on Yahoo Finance finance.yahoo.com/quote/BAC
  4. BAC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/bac