RPM International Inc (RPM)
Cash ratio
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 302,137 | 237,379 | 215,787 | 201,672 | 246,704 |
| Short-term investments | US$ in thousands | — | 6,500 | 5,100 | 6,000 | 3,900 |
| Total current liabilities | US$ in thousands | 1,467,450 | 1,466,060 | 1,490,800 | 2,016,410 | 1,331,410 |
| Cash ratio | 0.21 | 0.17 | 0.15 | 0.10 | 0.19 |
May 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($302,137K
+ $—K)
÷ $1,467,450K
= 0.21
The cash ratio of RPM International Inc. exhibits a general upward trend over the analyzed period from May 31, 2021, to May 31, 2025. Specifically, the ratio decreased initially from 0.19 in 2021 to 0.10 in 2022, indicating a reduction in the company's immediate liquidity position in relation to its current liabilities. Subsequently, the ratio experienced a gradual recovery, rising to 0.15 in 2023, then further increasing to 0.17 in 2024, and ultimately reaching 0.21 in 2025. This progression suggests that RPM International Inc. has been steadily enhancing its liquidity buffer in terms of cash and cash equivalents relative to its current liabilities over the recent years. The overall movement reflects an improvement in short-term liquidity management, although the ratios remain below 0.25 throughout the period, indicating that cash alone constitutes a relatively modest proportion of current liabilities.
Peer comparison
May 31, 2025