Repligen Corporation (RGEN)

Current ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total current assets US$ in thousands 783,964 1,111,040 998,118 931,677 902,382
Total current liabilities US$ in thousands 126,787 158,162 404,196 375,262 318,956
Current ratio 6.18 7.02 2.47 2.48 2.83

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $783,964K ÷ $126,787K
= 6.18

The current ratio of Repligen Corporation has shown a consistent and healthy trend over the past few years. Starting at 2.83 in December 31, 2020, the ratio slightly decreased to 2.48 in December 31, 2021, and remained stable at 2.47 in December 31, 2022. However, there was a significant jump in the current ratio to 7.02 in December 31, 2023, indicating a substantial increase in current assets relative to current liabilities. This trend continued in December 31, 2024, with the current ratio at 6.18, suggesting a strong ability to cover short-term obligations with current assets. Overall, the current ratio suggests that Repligen Corporation has a solid liquidity position and may be well-equipped to meet its short-term financial commitments.