Broadridge Financial Solutions Inc (BR)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,817,100 | 1,540,900 | 1,392,500 | 1,328,400 | 1,261,300 |
| Total current liabilities | US$ in thousands | 1,861,300 | 1,421,800 | 2,397,800 | 1,313,400 | 1,288,000 |
| Current ratio | 0.98 | 1.08 | 0.58 | 1.01 | 0.98 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,817,100K ÷ $1,861,300K
= 0.98
The current ratio of Broadridge Financial Solutions Inc. has exhibited notable fluctuations over the period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the company's current ratio was reported at 0.98, slightly below the generally accepted liquidity threshold of 1.0, indicating that current liabilities marginally exceeded current assets at that time. By June 30, 2022, the ratio increased marginally to 1.01, signaling an improvement in short-term liquidity and suggesting that current assets slightly surpassed current liabilities.
However, by June 30, 2023, the current ratio declined significantly to 0.58, reflecting a notable deterioration in liquidity position. This indicates that the company's current assets were substantially less than its current liabilities, raising potential concerns about its ability to meet short-term obligations without additional liquidity support.
Subsequently, the ratio rebounded to 1.08 as of June 30, 2024, surpassing the 1.0 threshold and implying a restored or improved liquidity buffer. Nonetheless, by June 30, 2025, the ratio decreased again to 0.98, returning to a position similar to that in 2021, with current liabilities slightly exceeding current assets.
Overall, the trends suggest periods of liquidity stress, particularly evident in the sharp decline of 2023, followed by partial recovery. The fluctuations emphasize the importance of analyzing underlying factors such as changes in current assets and liabilities, operational cash flow, and working capital management to fully assess Broadridge’s short-term financial health.
Peer comparison
Jun 30, 2025