In terms of working capital, Ricardo plc maintains a healthy position.
The total current assets of the company are valued at $301839540.
This represents a growth rate of 16.377% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $63211140, exhibiting a growth rate of 5.133% year-on-year.
The receivables, another significant portion of the current assets, are valued at $198264660.
The year-on-year growth rate for receivables is 23.129%.
The inventory, which forms a critical part of the assets, is valued at $37444350.
This represents a healthy year-on-year growth of 46.501%
On the liabilities side, the company's current liabilities total $164501280.
This reflects a growth rate of 20.462% over the previous year, indicating the company's financial obligations are well under control.
2023
2022
2021
2020
2019
Cash and investments
63.21
60.12
58.02
81.92
46.20
Receavebles
198.26
161.02
177.38
149.88
165.96
Inventory
37.44
25.56
23.35
24.84
18.45
Other
2.92
12.66
1.24
4.82
14.38
Total Current Assets
301.84
259.36
259.99
261.45
244.99
Acc Payable
133.28
21.66
22.24
88.96
107.92
Short Term Debt
23.36
19.72
25.28
21.38
5.09
Other Current Liab
4.57
66.94
62.17
11.99
4.33
Current Liabilities
164.50
136.56
139.94
131.59
121.80
Capital Structure
When examining the capital structure of Ricardo plc, it is clear that the company manages a robust portfolio.
These earnings represent the profits that Ricardo plc has chosen to reinvest in the business rather than distribute as dividends.
