Bill Com Holdings Inc (BILL)

Current ratio

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Total current assets US$ in thousands 7,238,790 6,803,830 6,839,930 6,204,200 6,306,240 6,228,480 6,956,050 6,682,120 6,673,160 6,405,230 6,748,190 6,291,980 6,279,390 6,182,550 6,492,300 5,533,210 3,606,040 3,701,800 3,985,110 2,396,620
Total current liabilities US$ in thousands 4,588,660 4,017,580 4,122,210 4,055,710 4,063,020 3,826,510 4,118,190 3,700,500 3,753,440 3,335,460 3,731,240 3,326,020 3,408,660 4,391,780 4,665,200 3,697,260 2,325,660 1,969,830 2,256,070 1,702,360
Current ratio 1.58 1.69 1.66 1.53 1.55 1.63 1.69 1.81 1.78 1.92 1.81 1.89 1.84 1.41 1.39 1.50 1.55 1.88 1.77 1.41

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. exhibits fluctuations over the observed period from September 2020 to June 2025. Starting at 1.41 in September 2020, the ratio generally trends upward, peaking at 1.92 in March 2023. This indicates an increasing capacity to meet short-term obligations relative to current liabilities during this period.

Between 2020 and early 2023, the current ratio demonstrates a positive trajectory, with several periods of gradual increase, suggesting improving liquidity management or an accumulation of current assets relative to current liabilities. Notably, the ratio reaches levels close to 1.9, which is generally considered healthy.

Following this peak in March 2023, a slight decline is observed, with the ratio decreasing to 1.78 by June 2023. Subsequently, the ratio stabilizes somewhat, maintaining values in the range of approximately 1.5 to 1.8 through the remainder of 2023 and into mid-2024. As of the most recent data in June 2025, the ratio stands at approximately 1.58, indicating a modest decrease but still maintaining a liquidity position above the generally acceptable threshold of 1.0.

Overall, the trend indicates that Bill Com Holdings Inc. has maintained a relatively stable liquidity position throughout the period, with periods of improvement followed by slight contractions. The current ratio values consistently suggest that the company is capable of satisfying its short-term liabilities, though the fluctuations could reflect changes in working capital management, operational strategies, or external economic factors impacting liquidity.