Rollins Inc (ROL)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 442,623 | 406,639 | 348,619 | 352,380 | 314,777 |
| Total current liabilities | US$ in thousands | 645,162 | 576,689 | 493,784 | 491,162 | 472,511 |
| Current ratio | 0.69 | 0.71 | 0.71 | 0.72 | 0.67 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $442,623K ÷ $645,162K
= 0.69
Rollins Inc's current ratio has shown a modest improvement over the years, with values fluctuating around the range of 0.67 to 0.72. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A ratio below 1 indicates that the company may have difficulty meeting its short-term liabilities. Rollins Inc's current ratio hovering around 0.7 suggests that the company may have some challenges in meeting its short-term obligations using its current assets alone. It would be advisable for Rollins Inc to closely monitor and potentially improve its current ratio to ensure liquidity and financial stability in the short term.
Peer comparison
Dec 31, 2024