Republic Services Inc (RSG)
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 | 2,406,000 | 2,348,400 | 2,659,700 | 2,273,600 | 2,381,000 | 2,348,400 | 2,261,700 | 2,241,400 | 2,357,100 | 2,199,400 | 2,140,600 | 1,695,800 | 1,710,800 | 1,569,400 | 1,480,900 | 1,443,100 | 1,521,800 | 1,774,300 | 1,568,800 | 1,753,900 |
| Total current liabilities | US$ in thousands | 4,128,000 | 3,641,500 | 4,533,600 | 4,325,900 | 4,228,300 | 4,068,800 | 2,987,900 | 3,029,300 | 3,388,300 | 3,163,800 | 2,934,600 | 2,258,100 | 2,415,600 | 2,333,400 | 2,314,800 | 2,148,800 | 2,282,000 | 2,190,800 | 2,066,100 | 1,980,600 |
| Current ratio | 0.58 | 0.64 | 0.59 | 0.53 | 0.56 | 0.58 | 0.76 | 0.74 | 0.70 | 0.70 | 0.73 | 0.75 | 0.71 | 0.67 | 0.64 | 0.67 | 0.67 | 0.81 | 0.76 | 0.89 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,406,000K ÷ $4,128,000K
= 0.58
The current ratio of Republic Services Inc has fluctuated over the past few years, indicating a varying ability to meet its short-term obligations. The ratio has ranged between 0.53 to 0.89, with the most recent value as of December 31, 2024, standing at 0.58. This suggests that the company may have a liquidity challenge, as its current assets may not be sufficient to cover its current liabilities effectively. Management should closely monitor this ratio and take appropriate measures to improve liquidity and ensure the company's financial health.
Peer comparison
Dec 31, 2024