RPM International Inc (RPM)
Current ratio
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,170,300 | 2,758,950 | 2,880,640 | 2,898,300 | 2,895,350 | 2,746,580 | 2,919,010 | 3,111,980 | 3,184,170 | 3,079,380 | 3,316,860 | 3,287,690 | 3,151,810 | 2,810,360 | 2,759,420 | 2,712,700 | 2,782,000 | 2,447,570 | 2,452,430 | 2,457,040 |
| Total current liabilities | US$ in thousands | 1,467,450 | 1,243,460 | 1,293,890 | 1,282,580 | 1,466,060 | 1,201,950 | 1,254,360 | 1,268,650 | 1,490,800 | 1,119,510 | 1,290,030 | 1,649,250 | 2,016,410 | 1,934,900 | 1,483,590 | 1,163,620 | 1,331,410 | 1,087,500 | 1,132,690 | 1,092,780 |
| Current ratio | 2.16 | 2.22 | 2.23 | 2.26 | 1.97 | 2.29 | 2.33 | 2.45 | 2.14 | 2.75 | 2.57 | 1.99 | 1.56 | 1.45 | 1.86 | 2.33 | 2.09 | 2.25 | 2.17 | 2.25 |
May 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,170,300K ÷ $1,467,450K
= 2.16
The analysis of RPM International Inc.'s current ratio over the specified period reveals a generally stable liquidity position with fluctuations indicative of changing short-term financial health. Starting from August 31, 2020, with a current ratio of 2.25, the ratio experienced minor declines and recoveries across subsequent periods.
Between August 2020 and November 2021, the current ratio remained relatively stable, oscillating within the range of approximately 2.09 to 2.33, suggesting a consistent ability to cover short-term obligations with current assets. However, a noticeable decline occurred into early 2022, with the ratio dropping to a low of 1.45 as of February 28, 2022, which indicates a temporary weakening in liquidity or increased short-term liabilities relative to current assets.
Following this trough, the ratio increased significantly, reaching 2.57 as of November 30, 2022, and further rising to a peak of 2.75 in February 2023, reflecting an improved liquidity position. Although some fluctuations persisted afterward, the ratio remained generally above 2.0 through the latest data point in November 2024, with values ranging from approximately 1.97 to 2.45, indicative of a stable liquidity cushion.
Overall, the trend demonstrates that RPM International Inc. sustains a strong short-term liquidity position, often exceeding the comfortably benchmarked ratio of 2.0, with periods of slight weakening and recovery. The observed fluctuations may correspond to operational, seasonal, or strategic changes affecting current asset and liability levels but generally do not suggest persistent liquidity concerns.
Peer comparison
May 31, 2025