Rollins Inc (ROL)
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 | 442,623 | 486,502 | 474,292 | 424,353 | 406,639 | 476,790 | 463,983 | 367,866 | 348,619 | 398,956 | 506,998 | 496,512 | 352,380 | 373,454 | 376,325 | 334,043 | 314,777 | 331,836 | 363,101 | 304,830 |
| 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 |
| Current ratio | 0.69 | 0.78 | 0.78 | 0.72 | 0.71 | 0.82 | 0.81 | 0.79 | 0.71 | 0.78 | 0.98 | 1.03 | 0.72 | 0.78 | 0.73 | 0.66 | 0.67 | 0.71 | 0.76 | 0.73 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $442,623K ÷ $645,162K
= 0.69
The current ratio of Rollins Inc has fluctuated over the past few years, ranging from a low of 0.66 to a high of 1.03. Generally, a current ratio below 1 indicates that a company may have difficulty meeting its short-term liabilities with its current assets alone. Rollins Inc experienced this scenario in some quarters, such as in December 2020 and December 2024.
However, the current ratio improved significantly in the most recent quarter, March 31, 2022, reaching 1.03, which suggests that the company's current assets are more than sufficient to cover its short-term liabilities. This demonstrates a favorable liquidity position for Rollins Inc at the end of the first quarter of 2022. Despite some fluctuations, the company's current ratio has shown a relatively stable trend over the period analyzed. Further monitoring of the current ratio will be essential to assess Rollins Inc's ability to meet its short-term obligations in the future.
Peer comparison
Dec 31, 2024