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.
Peer comparison
Dec 31, 2024