RBC Bearings Incorporated (RBC)
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 | 1,027,300 | 1,003,300 | 1,022,200 | 994,200 | 965,500 | 957,300 | 938,200 | 935,500 | 913,300 | 901,771 | 911,531 | 916,080 | 962,237 | 987,237 | 1,859,880 | 1,859,880 | 728,202 | 692,342 | 661,014 | 638,849 |
| Total current liabilities | US$ in thousands | 315,300 | 292,700 | 293,900 | 330,300 | 294,300 | 291,600 | 288,300 | 316,000 | 309,300 | 282,672 | 306,249 | 330,405 | 313,460 | 343,036 | 112,291 | 112,291 | 88,238 | 88,412 | 88,510 | 100,290 |
| Current ratio | 3.26 | 3.43 | 3.48 | 3.01 | 3.28 | 3.28 | 3.25 | 2.96 | 2.95 | 3.19 | 2.98 | 2.77 | 3.07 | 2.88 | 16.56 | 16.56 | 8.25 | 7.83 | 7.47 | 6.37 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,027,300K ÷ $315,300K
= 3.26
The current ratio of RBC Bearings Incorporated has been fluctuating over the past few years. It was consistently strong and above 6 from June 2020 to September 2021, indicating a healthy ability to meet short-term obligations with current assets. However, there was a significant spike in the current ratio to 16.56 in June and September 2021, which may suggest an unusually high level of current assets relative to current liabilities during that period.
Subsequently, the current ratio dropped to around 3 in December 2021 and stayed at similar levels through March 2025. This decrease in the current ratio could indicate a potential decrease in liquidity or an increase in short-term liabilities relative to current assets.
Overall, while the current ratio of RBC Bearings Incorporated has remained above 2 throughout the period, the fluctuations observed in recent quarters warrant a closer examination of the company's liquidity position and short-term financial health.
Peer comparison
Mar 31, 2025