Coty Inc (COTY)

Current ratio

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Total current assets US$ in thousands 1,953,300 1,963,500 2,051,700 1,681,900 1,783,100
Total current liabilities US$ in thousands 2,538,300 2,601,800 2,736,800 2,565,600 2,415,400
Current ratio 0.77 0.75 0.75 0.66 0.74

June 30, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,953,300K ÷ $2,538,300K
= 0.77

The current ratio of Coty Inc. exhibits a relatively stable trend over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio was 0.74 in 2021, indicating that current assets covered approximately 74% of current liabilities at that time. This ratio declined to 0.66 in 2022, suggesting a slight deterioration in short-term liquidity, with the company's current assets decreasing relative to current liabilities or current liabilities increasing.

From June 30, 2023, onward, the current ratio improved to 0.75 and remained consistent through 2024, indicating a stabilization and slight enhancement in liquidity position, with current assets again covering roughly 75% of current liabilities. The projected data for June 30, 2025, shows a minor further increase to 0.77, pointing toward a marginal strengthening of short-term liquidity.

In absolute terms, a current ratio below 1.0 across this period indicates that Coty Inc. consistently maintains a level of current assets insufficient to fully cover its current liabilities, reflecting a liquidity position that may warrant close monitoring. The slight upward trend observed toward the end of the period suggests an incremental improvement in liquidity health, but the ratio remains below the generally preferred threshold of 1.0, implying potential liquidity risks if the trend does not improve further.