Broadridge Financial Solutions Inc (BR)
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 | 1,817,100 | 1,665,500 | 1,508,400 | 1,350,200 | 1,540,900 | 1,565,100 | 1,363,600 | 1,326,900 | 1,392,500 | 1,568,200 | 1,282,700 | 1,222,000 | 1,328,400 | 1,495,100 | 1,266,600 | 1,211,100 | 1,261,300 | 1,378,600 | 1,148,500 | 1,120,000 |
| Total current liabilities | US$ in thousands | 1,861,300 | 1,264,300 | 1,114,300 | 972,400 | 1,421,800 | 1,122,400 | 971,100 | 924,000 | 2,397,800 | 1,163,000 | 1,018,900 | 991,700 | 1,313,400 | 1,176,800 | 1,087,800 | 966,600 | 1,288,000 | 1,002,500 | 837,900 | 744,000 |
| Current ratio | 0.98 | 1.32 | 1.35 | 1.39 | 1.08 | 1.39 | 1.40 | 1.44 | 0.58 | 1.35 | 1.26 | 1.23 | 1.01 | 1.27 | 1.16 | 1.25 | 0.98 | 1.38 | 1.37 | 1.51 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,817,100K ÷ $1,861,300K
= 0.98
The analysis of Broadridge Financial Solutions Inc.'s current ratio over the specified periods reveals notable fluctuations, indicating variations in the company's short-term liquidity position.
From September 30, 2020, to December 31, 2021, the current ratio generally remained above 1.3, with a peak of 1.51 in September 2020, reflecting a healthy liquidity cushion allowing the company to meet its short-term obligations comfortably. Notably, in June 30, 2021, the ratio declined to 0.98, dipping below 1.0, which signifies a potential concern regarding liquidity and the company's ability to cover current liabilities solely with current assets at that time.
Post this decline, the current ratio exhibited an upward trend, reaching 1.35 by March 31, 2023. This suggests an improvement in liquidity, coupled with periods of stability such as December 2022 (1.26) and September 2023 (1.44). These fluctuations indicate that the company's short-term liquidity position experienced some volatility but generally remained above the critical threshold of 1, denoting adequate liquidity during most periods.
However, a significant decrease is observed in June 30, 2023, where the ratio sharply declined to 0.58, signaling a potential liquidity stress that warrants further investigation into underlying causes such as increased current liabilities or decreased current assets. Subsequently, the ratio recovered to 1.44 by September 30, 2023, and remained around 1.39 to 1.35 in the following quarters, indicating a stabilization of liquidity.
In the latest data point provided for June 30, 2025, the current ratio stands at 0.98, reverting to a level approaching or below 1.0. This suggests that the company's capacity to meet short-term liabilities strictly through current assets has weakened again, raising the need for strategic assessment of liquidity management.
Overall, Broadridge's current ratio has demonstrated periods of strength and weakness over the observed timeline. While generally maintaining a level above 1.0, which is commonly considered acceptable in assessing liquidity, notable declines below this threshold, particularly in June 2023 and June 2025, highlight potential areas of concern regarding liquidity management and short-term financial health.
Peer comparison
Jun 30, 2025