Capri Holdings Ltd (CPRI)

Cash ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Cash and cash equivalents US$ in thousands 199,000 249,000 169,000 232,000
Short-term investments US$ in thousands
Total current liabilities US$ in thousands 1,336,000 1,695,000 1,450,000 1,566,000 1,621,000
Cash ratio 0.00 0.12 0.17 0.11 0.14

March 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K + $—K) ÷ $1,336,000K
= 0.00

The cash ratio of Capri Holdings Ltd has fluctuated over the past five years. As of March 31, 2021, the company had a cash ratio of 0.14, indicating that it had $0.14 in cash and cash equivalents for every $1 of current liabilities. This ratio decreased to 0.11 by March 31, 2022, suggesting a slight decrease in the company's liquidity position.

However, by March 31, 2023, the cash ratio improved to 0.17, signaling an increase in the company's ability to cover its short-term obligations with cash on hand. The ratio then declined to 0.12 by March 31, 2024, indicating a decrease in liquidity compared to the previous year.

Remarkably, as of March 31, 2025, the cash ratio plummeted to 0.00, implying that the company did not have sufficient cash and cash equivalents to meet its current liabilities. This significant drop in the cash ratio could raise concerns about the company's liquidity and its ability to meet its short-term obligations in the upcoming period.


Peer comparison

Mar 31, 2025

Company name
Symbol
Cash ratio
Capri Holdings Ltd
CPRI
0.00
Tapestry Inc
TPR
4.21