Bellring Brands LLC (BRBR)

Current ratio

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

September 30, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $424,200K ÷ $150,200K
= 2.82

The current ratio for Bellring Brands Inc has experienced fluctuations over the past five years. In 2023, the ratio stands at 2.82, reflecting a decrease compared to the previous year's 2.94. This suggests that the company may have reduced its ability to meet its short-term liabilities with its current assets. However, when compared to 2021 and 2020, the current ratio has improved significantly, indicating an enhanced liquidity position. The trend over the last five years indicates some variability in the company's ability to cover its short-term obligations, emphasizing the importance of consistent monitoring of liquidity management.