Rambus Inc (RMBS)

Current ratio

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 Mar 31, 2020
Total current assets US$ in thousands 690,257 612,013 610,158 576,456 630,645 550,625 536,465 492,763 527,214 474,177 581,146 545,112 684,364 624,759 678,985 724,336 699,712 725,034 707,796 678,756
Total current liabilities US$ in thousands 81,812 74,127 85,034 82,607 89,121 84,196 101,444 96,174 126,709 116,431 161,444 168,402 267,267 95,175 81,426 80,402 85,864 90,882 83,458 80,063
Current ratio 8.44 8.26 7.18 6.98 7.08 6.54 5.29 5.12 4.16 4.07 3.60 3.24 2.56 6.56 8.34 9.01 8.15 7.98 8.48 8.48

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $690,257K ÷ $81,812K
= 8.44

The current ratio of Rambus Inc has fluctuated over the period under review. The ratio was strong and stable at around 8.5 during the first half of 2020, indicating the company had more than enough current assets to cover its current liabilities. However, there was a slight decrease to 7.98 by the end of September 2020.

The ratio improved to 9.01 in March 2021, suggesting the company had even more current assets relative to its current liabilities. There was some fluctuation in the ratio throughout 2021 and the first half of 2022, ranging from 6.56 to 4.16.

In the latter half of 2022 and into 2023, the current ratio showed an upward trend, reaching 7.08 by the end of December 2023, indicating the company had improved its liquidity position. However, the ratio decreased slightly to 6.98 by March 2024 and then increased to 8.44 by the end of December 2024.

Overall, the current ratio of Rambus Inc has demonstrated fluctuations but generally remained above 1, which indicates the company had more than enough current assets to cover its short-term obligations throughout the period. The management should continue to monitor and manage the current assets and liabilities effectively to ensure the company's liquidity position remains healthy.