Bellring Brands LLC (BRBR)

Current ratio

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Total current assets	US$ in thousands	592,700	424,200	421,300	388,100	290,200
Total current liabilities	US$ in thousands	203,700	150,200	143,500	251,300	153,100
Current ratio		2.91	2.82	2.94	1.54	1.90

September 30, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $592,700K ÷ $203,700K
= 2.91

The current ratio of Bellring Brands LLC has shown fluctuation over the past five years, with values ranging from 1.54 to 2.94. The current ratio indicates the company's ability to meet its short-term obligations with its current assets.

In 2024, the current ratio of 2.91 indicates a strong position, as the company has $2.91 in current assets for every $1 in current liabilities. This demonstrates that Bellring Brands LLC has sufficient liquidity to cover its short-term obligations.

Compared to the previous years, the current ratio has generally been above 2, reflecting a consistent ability to meet short-term obligations. However, there was a notable decrease in the current ratio in 2021 to 1.54, which may suggest some liquidity challenges or increased short-term liabilities during that year.

Overall, Bellring Brands LLC's current ratio has generally been healthy and stable, suggesting a sound liquidity position in recent years, with the exception of the lower ratio in 2021. It is important for the company to monitor and manage its current assets and liabilities to maintain a strong current ratio and ensure financial stability.