Autodesk Inc (ADSK)

Current ratio

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020
Total current assets	US$ in thousands	3,482,000	2,899,000	2,758,000	2,810,000	3,579,000	2,939,000	2,821,000	2,833,000	3,341,000	2,788,000	2,329,000	2,358,000	2,763,800	2,654,800	1,546,000	1,505,400	2,699,200	2,339,800	2,203,900	2,024,300
Total current liabilities	US$ in thousands	5,151,000	4,468,000	4,337,000	4,097,000	4,351,000	3,912,000	3,875,000	3,926,000	4,000,000	3,811,000	3,642,000	3,801,000	4,009,400	3,281,500	3,087,400	3,130,100	3,254,700	2,811,600	2,619,600	2,578,300
Current ratio		0.68	0.65	0.64	0.69	0.82	0.75	0.73	0.72	0.84	0.73	0.64	0.62	0.69	0.81	0.50	0.48	0.83	0.83	0.84	0.79

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 varied over the past few years, reflecting the company's ability to meet its short-term obligations. The current ratio, which measures the company's ability to pay its short-term liabilities with its short-term assets, has shown fluctuations from as low as 0.48 to as high as 0.84.

The trend of Autodesk's current ratio indicates some volatility, with fluctuations in different quarters. In recent periods, the current ratio has ranged between 0.48 and 0.84, suggesting some variability in the company's liquidity position.

It is crucial to note that a current ratio below 1 indicates that the company may have difficulties meeting its short-term obligations if they all came due at once. Therefore, the company's current ratio being below 1 for certain quarters such as April and July of 2021 raises concerns about its short-term liquidity position during those periods.

Overall, analyzing Autodesk Inc's current ratio over the provided time period reveals fluctuations in the company's liquidity position. It is essential for stakeholders to closely monitor these fluctuations to assess the company's ability to meet its short-term obligations effectively.