RBC Bearings Incorporated (RBC)
Quick ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 36,800 | 63,500 | 65,400 | 182,862 | 151,086 |
| Short-term investments | US$ in thousands | — | — | — | 0 | 90,249 |
| Receivables | US$ in thousands | 307,600 | 262,100 | 239,600 | 247,487 | 110,472 |
| Total current liabilities | US$ in thousands | 315,300 | 294,300 | 309,300 | 313,460 | 88,238 |
| Quick ratio | 1.09 | 1.11 | 0.99 | 1.37 | 3.99 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($36,800K
+ $—K
+ $307,600K)
÷ $315,300K
= 1.09
The quick ratio of RBC Bearings Incorporated has shown fluctuations over the past five years. Starting at a high of 3.99 on March 31, 2021, the ratio decreased significantly to 1.37 on March 31, 2022, indicating a decline in the company's ability to meet its short-term obligations with its most liquid assets.
Subsequently, the quick ratio continued to decrease to 0.99 on March 31, 2023, suggesting a potential liquidity challenge. However, there was a slight improvement in the ratio to 1.11 on March 31, 2024, indicating a better ability to cover short-term liabilities with quick assets. In the latest period ending March 31, 2025, the quick ratio remained relatively stable at 1.09.
Overall, RBC Bearings Incorporated's quick ratio has shown a mixed trend over the five-year period, highlighting the importance of monitoring liquidity levels to ensure the company's financial stability.
Peer comparison
Mar 31, 2025