Capri Holdings Ltd (CPRI)
Cash ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | — | 356,000 | 182,000 | 222,000 | 205,000 | 249,000 | 238,000 | 238,000 | 249,000 | 281,000 | 215,000 | 221,000 | 169,000 | 261,000 | 234,000 | 356,000 | 232,000 | 229,000 | 238,000 | 207,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | — | 1,430,000 | 1,790,000 | 1,697,000 | 1,695,000 | 1,815,000 | 1,244,000 | 1,448,000 | 1,450,000 | 1,559,000 | 1,278,000 | 1,614,000 | 1,566,000 | 1,752,000 | 1,520,000 | 1,562,000 | 1,621,000 | 1,594,000 | 1,581,000 | 1,589,000 |
| Cash ratio | — | 0.25 | 0.10 | 0.13 | 0.12 | 0.14 | 0.19 | 0.16 | 0.17 | 0.18 | 0.17 | 0.14 | 0.11 | 0.15 | 0.15 | 0.23 | 0.14 | 0.14 | 0.15 | 0.13 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K
+ $—K)
÷ $—K
= —
The cash ratio of Capri Holdings Ltd has exhibited fluctuations over the reported periods. As of the most recent data available in March 31, 2025, the cash ratio is not provided. However, prior to this date, the cash ratio ranged from a low of 0.10 on September 30, 2024, to a high of 0.25 on December 31, 2024.
The cash ratio is a liquidity ratio that indicates the company's ability to cover its short-term liabilities with its available cash and cash equivalents. A higher cash ratio is generally favorable as it suggests that the company has sufficient liquid assets to meet its short-term obligations.
In the context of Capri Holdings Ltd, it is essential to closely monitor the trend of the cash ratio over time to assess the company's liquidity position and financial health. Fluctuations in the cash ratio could signal changes in the company's cash management practices, working capital efficiency, or overall financial performance. Analysis of additional financial indicators alongside the cash ratio would provide a more comprehensive understanding of the company's liquidity position and its ability to meet its financial obligations.
Peer comparison
Mar 31, 2025