Repligen Corporation (RGEN)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 757,355 | 751,323 | 523,458 | 603,814 | 717,292 |
| Short-term investments | US$ in thousands | 26,609 | 0 | 100,299 | 0 | — |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 126,787 | 158,162 | 404,196 | 375,262 | 318,956 |
| Quick ratio | 6.18 | 4.75 | 1.54 | 1.61 | 2.25 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($757,355K
+ $26,609K
+ $—K)
÷ $126,787K
= 6.18
The quick ratio of Repligen Corporation has demonstrated fluctuations over the years. Starting at 2.25 on December 31, 2020, the ratio decreased to 1.61 by December 31, 2021, and further declined to 1.54 by December 31, 2022. However, there was a significant improvement by December 31, 2023, with the ratio rising to 4.75 and showing a substantial increase to 6.18 by December 31, 2024. Overall, the trend indicates a strong ability of the company to meet its short-term obligations using its liquid assets, with notable improvements observed in recent years.
Peer comparison
Dec 31, 2024