Bill Com Holdings Inc (BILL)

Current ratio

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Total current assets US$ in thousands 7,238,790 6,314,820 6,673,160 6,279,390 3,606,040
Total current liabilities US$ in thousands 4,588,660 4,063,020 3,753,440 3,408,660 2,325,660
Current ratio 1.58 1.55 1.78 1.84 1.55

June 30, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $7,238,790K ÷ $4,588,660K
= 1.58

The current ratio of Bill Com Holdings Inc. over the specified period indicates variations in the company's short-term liquidity position. As of June 30, 2021, the current ratio was 1.55, suggesting that the company held $1.55 in current assets for every dollar of current liabilities. This ratio increased to 1.84 on June 30, 2022, reflecting an improvement in liquidity, which suggests that the company was better positioned to meet its short-term obligations during that period.

However, by June 30, 2023, the current ratio slightly declined to 1.78, indicating a minor reduction in liquidity but remaining at a level generally considered adequate, as it is above 1.0 and signifies sufficient current assets to cover current liabilities. Subsequently, the ratio decreased further to 1.55 on June 30, 2024, returning to the same level observed in 2021, which may denote a decline in current assets relative to current liabilities or an increase in short-term obligations.

By June 30, 2025, the current ratio saw a slight improvement to 1.58, suggesting a marginal enhancement in liquidity, albeit still close to the earlier levels of 2021 and 2024. Overall, the company's current ratio has experienced some fluctuations within the range of approximately 1.55 to 1.84 over the four-year period, indicating a relatively stable liquidity position, with no significant deterioration or improvement beyond these bounds. The ratios consistently reflect a safe margin for meeting short-term liabilities, although the slight declines and subsequent small recoveries suggest a need to monitor ongoing liquidity trends to ensure continued financial health.