Bellring Brands LLC (BRBR)

Current ratio

		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	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Total current assets	US$ in thousands	592,700	554,200	513,200	464,800	424,200	450,200	497,000	454,000	421,300	423,100	359,500	297,600	388,100	371,900	307,900	324,600	290,200	290,600	349,500	288,100
Total current liabilities	US$ in thousands	203,700	207,900	173,000	162,500	150,200	167,800	157,000	149,100	143,500	177,000	130,600	145,700	251,300	264,400	199,200	138,300	153,100	127,100	128,000	107,400
Current ratio		2.91	2.67	2.97	2.86	2.82	2.68	3.17	3.04	2.94	2.39	2.75	2.04	1.54	1.41	1.55	2.35	1.90	2.29	2.73	2.68

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 shows a fluctuating trend over the past 20 quarters. The current ratio measures the company's ability to meet its short-term obligations with its current assets.

The current ratio has ranged from a low of 1.41 in June 2021 to a high of 3.17 in March 2023. A ratio below 1 indicates that the company may have difficulty meeting its short-term liabilities, while a ratio above 1 signifies that the company has more than enough current assets to cover its short-term obligations.

In recent quarters, the current ratio has generally been above 2, indicating a healthy liquidity position for the company. However, there are some fluctuations in the ratio, possibly due to variations in current assets and liabilities over time. It is important for the company to maintain a strong current ratio to ensure its ability to meet short-term financial obligations and withstand potential economic uncertainties.