Autodesk Inc (ADSK)

Current ratio

		Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Total current assets	US$ in thousands	3,482,000	3,579,000	3,341,000	2,763,800	2,699,200
Total current liabilities	US$ in thousands	5,151,000	4,351,000	4,000,000	4,009,400	3,254,700
Current ratio		0.68	0.82	0.84	0.69	0.83

January 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $3,482,000K ÷ $5,151,000K
= 0.68

Autodesk Inc's current ratio has exhibited some fluctuation over the past five years. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets.

Looking at the data provided:
- In January 31, 2021, the current ratio was 0.83, indicating that the company had $0.83 in current assets for every $1 in current liabilities.
- The ratio decreased to 0.69 by January 31, 2022, suggesting a potential strain on the company's liquidity position.
- However, there was a slight improvement in the current ratio to 0.84 by January 31, 2023, indicating a better ability to meet short-term obligations.
- The ratio dipped slightly to 0.82 by January 31, 2024, remaining relatively stable.
- Subsequently, by January 31, 2025, the current ratio decreased to 0.68, indicating a potential need for the company to manage its short-term assets and liabilities more effectively.

Overall, the trend in Autodesk Inc's current ratio shows some variability, with periods of improvement and decline. Investors and stakeholders should monitor this ratio closely to assess the company's liquidity position and ability to meet its short-term obligations.