As of May 22, 2025, RBC Bearings Inc (RBC) reports a Current Ratio of 3.28.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of RBC Bearings Inc's Current Ratio
Over recent years, RBC Bearings Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-03-30 | 3.28 |
| 2023-04-01 | 2.95 |
| 2022-04-02 | 3.07 |
| 2021-04-03 | 8.26 |
| 2020-03-28 | 5.90 |
This slight downward trend highlights how RBC Bearings Inc manages its short-term assets and liabilities over time.
Comparing RBC Bearings Inc's Current Ratio to Peers
To better understand RBC Bearings Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| RBC Bearings Inc (RBC) | 3.28 |
| Ballard Power Systems Inc (BLDP.TO) | 9.25 |
| Romeo Power Inc (RMO) | 7.58 |
| Encore Wire Corp (WIRE) | 7.56 |
| Vicor Corp (VICR) | 7.49 |
| Fuelcell Energy Inc (FCEL) | 6.01 |
Compared to its competitors, RBC Bearings Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.