Agilysys Inc (AGYS)

Current ratio

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Total current assets	US$ in thousands	—	188,937	154,658	136,173	133,250
Total current liabilities	US$ in thousands	—	89,371	78,515	71,466	61,001
Current ratio		—	2.11	1.97	1.91	2.18

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $—K
= —

The current ratio of Agilysys Inc has shown some fluctuations over the past few years. As of March 31, 2021, the company had a current ratio of 2.18, indicating that it had $2.18 in current assets for every $1 in current liabilities.

Subsequently, the current ratio decreased to 1.91 as of March 31, 2022, suggesting a potential liquidity strain as the company may have had a lower ability to cover its short-term obligations with its current assets during that period.

However, there was a slight improvement in the current ratio to 1.97 as of March 31, 2023, which indicates a better position in terms of short-term liquidity compared to the previous year.

By March 31, 2024, the current ratio further increased to 2.11, signaling an even stronger ability to meet short-term liabilities with current assets.

As for March 31, 2025, the data is not available, denoted by the symbol "—". In such cases, it is essential to obtain the latest financial information to assess the company's current liquidity position accurately.

Overall, the trend in Agilysys Inc's current ratio demonstrates some fluctuations in short-term liquidity levels over the years, which could warrant further investigation into the company's management of current assets and liabilities.