Rollins Inc (ROL)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 89,630 | 95,282 | 106,697 | 112,971 | 103,825 | 142,247 | 154,747 | 112,503 | 95,346 | 121,876 | 220,964 | 258,338 | 105,301 | 117,655 | 128,528 | 117,322 | 98,477 | 95,440 | 134,829 | 92,582 |
| Short-term investments | US$ in thousands | — | 8,700 | 9,100 | 9,400 | 1,000 | 900 | 800 | 9,600 | 500 | 10,600 | 11,400 | 13,000 | 12,700 | 10,600 | 10,600 | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 645,162 | 622,068 | 609,950 | 591,936 | 576,689 | 581,696 | 575,701 | 467,356 | 493,784 | 509,769 | 517,744 | 480,897 | 491,162 | 477,496 | 518,744 | 507,788 | 472,511 | 469,139 | 478,173 | 417,868 |
| Cash ratio | 0.14 | 0.17 | 0.19 | 0.21 | 0.18 | 0.25 | 0.27 | 0.26 | 0.19 | 0.26 | 0.45 | 0.56 | 0.24 | 0.27 | 0.27 | 0.23 | 0.21 | 0.20 | 0.28 | 0.22 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($89,630K
+ $—K)
÷ $645,162K
= 0.14
The cash ratio of Rollins Inc has demonstrated fluctuations over the reported periods. The ratio, which measures a company's ability to cover its current liabilities with its cash and cash equivalents, ranged from a low of 0.14 to a high of 0.56.
The ratio increased significantly from the end of March 2022 to reach its peak by the end of June 2022, indicating a substantial improvement in the company's liquidity position during that period. However, subsequently, the cash ratio decreased gradually and remained relatively stable between 0.17 and 0.27 in the following quarters.
Overall, the cash ratio of Rollins Inc appears to have experienced fluctuations over the reporting periods, albeit showing some degree of volatility. It is essential for stakeholders to monitor this ratio closely to assess the company's ability to meet its short-term obligations with its available cash resources.
Peer comparison
Dec 31, 2024