Prestige Brand Holdings Inc (PBH)

Current ratio

		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	Jun 30, 2020
Total current assets	US$ in thousands	448,328	377,164	380,708	368,741	375,043	393,786	388,198	391,758	391,743	408,847	336,653	324,615	293,267	275,266	304,810	408,524	269,835	301,211	269,853	295,564
Total current liabilities	US$ in thousands	106,623	102,545	106,906	114,115	117,048	127,437	129,704	147,271	160,715	160,176	152,308	155,349	143,422	135,127	148,940	125,046	122,138	126,163	136,120	131,929
Current ratio		4.20	3.68	3.56	3.23	3.20	3.09	2.99	2.66	2.44	2.55	2.21	2.09	2.04	2.04	2.05	3.27	2.21	2.39	1.98	2.24

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $448,328K ÷ $106,623K
= 4.20

The current ratio of Prestige Brand Holdings Inc has shown a generally positive trend over the past few periods, indicating a healthy liquidity position. As of March 31, 2025, the current ratio stands at 4.20. This means that the company's current assets are 4.20 times its current liabilities, suggesting strong short-term financial stability.

Looking at the trend over the past few periods, we observe fluctuations in the current ratio, but overall, it has been increasing consistently. This could indicate efficient management of working capital and an improved ability to meet short-term obligations.

A current ratio above 1.0 is typically considered favorable as it implies the company has more current assets than current liabilities, providing a cushion to cover short-term debts. The current ratio exceeding 4.0 as of March 31, 2025, may suggest that Prestige Brand Holdings Inc is well-positioned to handle its current financial obligations comfortably.

Overall, based on the current ratio trend, Prestige Brand Holdings Inc appears to have a solid liquidity position, indicating the company's ability to meet its short-term liabilities with ease, which is essential for financial stability and operational flexibility.