Resources Connection, Inc. (RGP) Balance Sheet
RGP balance sheet, FY2026
May 31, 2026 · U.S. dollars$257.4M assets = $87.6M liabilities + $169.8M equity
Both columns are drawn to the same scale: what RGP owns equals what it owes plus shareholders’ equity. Hover a block for its value.
RGP financial health
Descriptive bands, not a rating. Fiscal FY2026.
RGP balance sheet trends, FY2020–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $529.2MFY2020 | $257.4MFY2026 | −7.7%/yr | |
| Total liabilities | $225.5MFY2020 | $87.6MFY2026 | −10.0%/yr | |
| Shareholders’ equity | $303.7MFY2020 | $169.8MFY2026 | −6.3%/yr | |
| Cash & short-term investments | $95.6MFY2020 | $82.4MFY2026 | −1.6%/yr | |
| Total debt | $129.9MFY2020 | $22.5MFY2026 | −17.7%/yr | |
| Net cash (debt) | −$34.3MFY2020 | $59.9MFY2026 | +$94.1M | |
| Working capital | $136.1MFY2020 | $102.1MFY2026 | −$34.0M | |
| Book value per share | $9.42FY2020 | $5.06FY2026 | −6.7%/yr | |
| Current ratio | 2.43FY2020 | 2.51FY2026 | +0.08 | |
| Debt / equity | 0.43FY2020 | 0.13FY2026 | −0.30 | |
| Shares outstanding | 32.2MFY2020 | 33.6MFY2026 | +0.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RGP assets
RGP liabilities and equity
RGP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
RGP balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | FY2022 | FY2021 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $82.4M | $86.1M | $108.9M | $116.8M | $116.8M | $104.2M | $104.2M | $74.4M | $74.4M | $95.6M |
| Cash & equivalents | $82.4M | $86.1M | $108.9M | $116.8M | $116.8M | $104.2M | $104.2M | $74.4M | $74.4M | $95.6M |
| Receivables | $71.9M | $107.3M | $116.1M | $137.4M | $142.1M | $188.3M | $188.3M | $153.6M | $153.6M | $129.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $9.9M | $9.9M | $1 | $1 | $1 |
| Other current assets | $15.3M | $10.2M | $15.8M | $9.9M | $5.2M | $6.1M | $6.1M | $7.2M | $7.2M | $6.2M |
| Total current assets | $169.6M | $203.7M | $240.8M | $264.1M | $264.1M | $308.5M | $308.5M | $235.3M | $235.3M | $231.0M |
| Property, plant & equipment (net) | $20.7M | $27.0M | $15.7M | $31.2M | $31.2M | $35.2M | $35.2M | $45.2M | $45.2M | $57.9M |
| Goodwill & intangible assets | $43.9M | $47.7M | $226.2M | $218.2M | $218.2M | $225.5M | $225.5M | $237.0M | $237.0M | $234.1M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $23.2M | $26.3M | $28.3M | $18.5M | $18.5M | $12.2M | $12.2M | $3.2M | $3.2M | $6.1M |
| Total assets | $257.4M | $304.7M | $510.9M | $532.0M | $532.0M | $581.5M | $581.5M | $520.6M | $520.6M | $529.2M |
| Liabilities | ||||||||||
| Accounts payable | $12.0M | $13.9M | $15.2M | $14.5M | $14.5M | $13.6M | $13.6M | $2.9M | $16.0M | $15.8M |
| Short-term debt | $4.6M | $5.1M | $4.7M | $7.5M | $7.5M | $8.2M | $8.2M | $10.2M | $10.2M | $11.2M |
| Deferred revenue | — | $4.3M | $3.5M | −$14.5M | $3.1M | $8.3M | $4.2M | $68.6M | $4.6M | $52.4M |
| Total current liabilities | $67.5M | $75.4M | $72.4M | $97.1M | $97.1M | $124.3M | $124.3M | $100.9M | $100.9M | $94.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $54.0M | $54.0M | $43.0M | $43.0M |
| Lease obligations | $22.5M | $25.3M | $13.3M | — | $17.7M | $17.7M | $21.5M | $21.5M | $30.9M | $30.9M |
| Other long-term liabilities | $20.2M | $22.2M | $19.7M | $20.4M | $20.4M | $84.7M | $30.7M | $36.2M | $47.2M | $87.6M |
| Total liabilities | $87.6M | $97.6M | $92.2M | $117.5M | $117.5M | $209.0M | $209.0M | $191.1M | $191.1M | $225.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $383,000 | $370,000 | $363,000 | $355,000 | $355,000 | $344,000 | $344,000 | $646,000 | $646,000 | $639,000 |
| Retained earnings (deficit) | −$174.3M | −$121.6M | $88.6M | $87.6M | $87.6M | $52.7M | $52.7M | $367.2M | $367.2M | $360.5M |
| Accumulated other comprehensive income | −$16.7M | −$17.9M | −$17.7M | −$17.3M | −$17.3M | −$16.5M | −$16.5M | −$7.4M | −$7.4M | −$13.9M |
| Total shareholders' equity | $169.8M | $207.1M | $418.8M | $414.5M | $414.5M | $372.4M | $372.4M | $329.5M | $329.5M | $303.7M |
| Key figures | ||||||||||
| Total debt | $22.5M | $25.3M | $13.3M | $17.7M | $17.7M | $75.5M | $75.5M | $73.9M | $73.9M | $129.9M |
| Net cash (debt) | $59.9M | $60.8M | $95.6M | $99.0M | $99.0M | $28.7M | $28.7M | $445,000 | $445,000 | −$34.3M |
| Working capital | $102.1M | $128.3M | $168.3M | $167.0M | $167.0M | $184.2M | $184.2M | $134.4M | $134.4M | $136.1M |
| Tangible book value | $125.9M | $159.3M | $192.6M | $196.3M | $196.3M | $146.9M | $146.9M | $92.5M | $92.5M | $69.5M |
| Book value per share | $5.06 | $6.26 | $12.35 | $12.13 | $12.13 | $11.10 | $11.10 | $10.12 | $10.12 | $9.42 |
| Shares outstanding | 33.6M | 33.1M | 33.9M | 34.2M | 34.2M | 33.6M | 33.6M | 32.6M | 32.6M | 32.2M |
| Current ratio | 2.51 | 2.70 | 3.32 | 2.72 | 2.72 | 2.48 | 2.48 | 2.33 | 2.33 | 2.43 |
| Quick ratio | 2.29 | 2.57 | 3.11 | 2.62 | 2.67 | 2.35 | 2.35 | 2.26 | 2.26 | 2.37 |
| Debt / equity | 0.13 | 0.12 | 0.03 | 0.04 | 0.04 | 0.20 | 0.20 | 0.22 | 0.22 | 0.43 |
| Equity / assets | 66.0% | 68.0% | 82.0% | 77.9% | 77.9% | 64.1% | 64.1% | 63.3% | 63.3% | 57.4% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Mar '24 | Feb '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $61.2M | $82.4M | $82.8M | $89.8M | $77.5M | $86.1M | $72.5M | $78.2M | $89.6M | $108.9M | $113.8M | $113.8M |
| Cash & equivalents | $61.2M | $82.4M | $82.8M | $89.8M | $77.5M | $86.1M | $72.5M | $78.2M | $89.6M | $108.9M | $113.8M | $113.8M |
| Receivables | $74.2M | $76.6M | $87.0M | $94.1M | $101.3M | $107.3M | $109.8M | $115.0M | $114.6M | $116.1M | $120.2M | $120.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$15.4M | $0 | $1 | $1 |
| Other current assets | $10.3M | $10.6M | $11.4M | $9.3M | $9.4M | $10.2M | $12.9M | $8.5M | $22.6M | $15.8M | $17.3M | $17.3M |
| Total current assets | $145.8M | $169.6M | $181.1M | $193.2M | $188.2M | $203.7M | $195.2M | $201.7M | $211.5M | $240.8M | $251.3M | $251.3M |
| Property, plant & equipment (net) | $0 | $20.7M | $24.0M | $25.7M | $26.6M | $27.0M | $28.0M | $29.5M | $26.9M | $15.7M | $17.5M | $17.5M |
| Goodwill & intangible assets | $43.3M | $43.9M | $44.7M | $45.4M | $46.5M | $47.7M | $118.4M | $161.9M | $243.8M | $226.2M | $227.9M | $227.9M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $42.8M | $23.2M | $24.4M | $25.0M | $25.8M | $26.3M | $34.0M | $31.8M | $30.7M | $28.3M | $26.5M | $26.5M |
| Total assets | $231.9M | $257.4M | $274.1M | $289.3M | $287.2M | $304.7M | $375.6M | $424.9M | $512.9M | $510.9M | $523.2M | $523.2M |
| Liabilities | ||||||||||||
| Accounts payable | $10.4M | $12.0M | $11.5M | $11.7M | $12.4M | $13.9M | $13.2M | $13.6M | $14.0M | $15.2M | $17.4M | $17.4M |
| Short-term debt | $5.0M | $4.6M | $4.8M | $4.9M | $5.1M | $5.1M | $5.3M | $5.4M | $5.5M | $4.7M | $5.5M | $5.5M |
| Deferred revenue | — | $4.3M | $8.3M | — | $4.5M | $4.3M | $3.3M | $2.8M | $4.0M | $3.5M | $3.3M | $3.3M |
| Total current liabilities | $51.1M | $67.5M | $66.1M | $73.1M | $58.6M | $75.4M | $74.2M | $73.6M | $74.6M | $72.4M | $84.1M | $84.1M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $22.5M | $24.4M | $24.6M | $25.4M | $25.3M | $26.6M | $27.8M | $24.9M | $13.3M | — | $14.8M |
| Other long-term liabilities | $19.5M | $20.2M | $21.3M | $21.6M | $22.2M | $22.2M | $23.6M | $25.6M | $31.1M | $19.7M | $24.2M | $24.2M |
| Total liabilities | $70.6M | $87.6M | $87.4M | $94.7M | $80.9M | $97.6M | $97.8M | $99.2M | $105.7M | $92.2M | $108.3M | $108.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $386,000 | $383,000 | $379,000 | $374,000 | $373,000 | $370,000 | $370,000 | $368,000 | $366,000 | $363,000 | $363,000 | $363,000 |
| Retained earnings (deficit) | −$184.9M | −$174.3M | −$155.5M | −$141.7M | −$126.9M | −$121.6M | −$45.9M | $4.1M | $78.0M | $88.6M | $83.0M | $83.0M |
| Accumulated other comprehensive income | −$17.0M | −$16.7M | −$15.7M | −$17.7M | −$17.1M | −$17.9M | −$21.2M | −$21.2M | −$16.9M | −$17.7M | −$17.2M | −$17.2M |
| Total shareholders' equity | $161.3M | $169.8M | $186.7M | $194.6M | $206.4M | $207.1M | $277.8M | $325.7M | $407.2M | $418.8M | $414.9M | $414.9M |
| Key figures | ||||||||||||
| Total debt | $22.5M | $22.5M | $24.4M | $24.6M | $25.4M | $25.3M | $26.6M | $27.8M | $24.9M | $13.3M | $14.8M | $14.8M |
| Net cash (debt) | $38.7M | $59.9M | $58.4M | $65.2M | $52.2M | $60.8M | $45.9M | $50.4M | $64.8M | $95.6M | $99.0M | $99.0M |
| Working capital | $94.7M | $102.1M | $115.0M | $120.1M | $129.6M | $128.3M | $121.0M | $128.1M | $136.9M | $168.3M | $167.2M | $167.2M |
| Tangible book value | $118.0M | $125.9M | $142.0M | $149.2M | $159.8M | $159.3M | $159.4M | $163.8M | $163.4M | $192.6M | $187.0M | $187.0M |
| Book value per share | $4.67 | $4.95 | $5.60 | $5.87 | $6.24 | $6.30 | $8.43 | $9.86 | $12.19 | $12.42 | $12.29 | $12.29 |
| Shares outstanding | 34.6M | 34.3M | 33.3M | 33.2M | 33.1M | 32.9M | 32.9M | 33.0M | 33.4M | 33.7M | 33.8M | 33.8M |
| Current ratio | 2.85 | 2.51 | 2.74 | 2.64 | 3.21 | 2.70 | 2.63 | 2.74 | 2.84 | 3.32 | 2.99 | 2.99 |
| Quick ratio | 2.65 | 2.36 | 2.57 | 2.51 | 3.05 | 2.57 | 2.46 | 2.62 | 2.74 | 3.11 | 2.78 | 2.78 |
| Debt / equity | 0.14 | 0.13 | 0.13 | 0.13 | 0.12 | 0.12 | 0.10 | 0.09 | 0.06 | 0.03 | 0.04 | 0.04 |
| Equity / assets | 69.5% | 66.0% | 68.1% | 67.3% | 71.8% | 68.0% | 74.0% | 76.7% | 79.4% | 82.0% | 79.3% | 79.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed July 24, 2026); data from EODHD.
RGP financial position
At the end of fiscal 2026 (May 31, 2026), Resources Connection had total assets of $257.4 million (down 15.5% from a year earlier), total liabilities of $87.6 million and shareholders' equity of $169.8 million. It held $82.4 million in cash and short-term investments against $22.5 million of debt, a net cash position of $59.9 million. Its current ratio was 2.51. In the latest quarter (ended August 31, 2026) total assets were $231.9 million and equity $161.3 million.
Related: RGP income statement, RGP cash flow statement, RGP key metrics. See the RGP stock overview for the latest quote and news.
RGP balance sheet FAQ
What are Resources Connection's total assets?
Resources Connection reported total assets of $257.4 million at the end of fiscal 2026 (May 31, 2026), compared with $304.7 million a year earlier.
How much debt does Resources Connection have?
Resources Connection had $22.5 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.13.
How much cash does Resources Connection have?
Resources Connection held $82.4 million in cash and short-term investments at the end of fiscal 2026; with $22.5 million of debt that is net cash of $59.9 million.
What is Resources Connection's book value?
Resources Connection's shareholders' equity (book value) was $169.8 million at the end of fiscal 2026, or $5.06 per share.
What is Resources Connection's current ratio?
Resources Connection had current assets of $169.6 million and current liabilities of $67.5 million, a current ratio of 2.51 (it can cover its short-term obligations).
How much goodwill does Resources Connection have?
Resources Connection carried $43.9 million of goodwill and intangible assets, 17.1% of total assets, at the end of fiscal 2026.