Capri Holdings Ltd (CPRI)
Current ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | — | 1,608,000 | 1,870,000 | 1,891,000 | 1,546,000 |
| Total current liabilities | US$ in thousands | 1,336,000 | 1,695,000 | 1,450,000 | 1,566,000 | 1,621,000 |
| Current ratio | 0.00 | 0.95 | 1.29 | 1.21 | 0.95 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $1,336,000K
= 0.00
Capri Holdings Ltd's current ratio has shown fluctuations over the past five years. As of March 31, 2021, the current ratio was below 1 at 0.95, indicating that the company's current liabilities exceeded its current assets, potentially raising concerns about short-term liquidity.
However, there was an improvement in the current ratio over the next two years, reaching 1.21 as of March 31, 2022, and further increasing to 1.29 by March 31, 2023. These improvements suggest that Capri Holdings Ltd managed its current assets and liabilities more effectively during these periods.
The current ratio dropped back to 0.95 as of March 31, 2024, returning to the concerning level seen in 2021. A current ratio below 1 may indicate potential issues with meeting short-term obligations if the trend persists.
The data for March 31, 2025 shows a current ratio of 0.00, which may be an outlier or potentially a data reporting error. However, if accurate, a current ratio of 0.00 suggests that the company's current liabilities significantly outweigh its current assets, posing a severe liquidity risk.
Overall, fluctuations in Capri Holdings Ltd's current ratio require further investigation to understand the factors driving these changes and assess the company's short-term liquidity position accurately.
Peer comparison
Mar 31, 2025