Capri Holdings Ltd (CPRI)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | — | 1,735,000 | 1,667,000 | 1,604,000 | 1,608,000 | 1,918,000 | 1,990,000 | 1,920,000 | 1,870,000 | 2,084,000 | 2,085,000 | 2,081,000 | 1,891,000 | 2,072,000 | 1,672,000 | 1,707,000 | 1,546,000 | 1,493,000 | 1,634,000 | 1,489,000 |
| 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 |
| Current ratio | — | 1.21 | 0.93 | 0.95 | 0.95 | 1.06 | 1.60 | 1.33 | 1.29 | 1.34 | 1.63 | 1.29 | 1.21 | 1.18 | 1.10 | 1.09 | 0.95 | 0.94 | 1.03 | 0.94 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $—K
= —
Capri Holdings Ltd's current ratio has fluctuated over the past few years, starting at 0.94 as of June 30, 2020, and reaching a peak of 1.63 as of September 30, 2022. The current ratio indicates the company's ability to meet its short-term obligations with its current assets.
A current ratio below 1.0 suggests that the company may have difficulty meeting its short-term liabilities with its current assets alone. Capri Holdings' current ratio hovered below 1.0 during the initial period but gradually improved over time, surpassing the acceptable threshold of 1.0 and peaking at 1.63.
From a liquidity perspective, a current ratio above 1.0 generally indicates that the company has more current assets than current liabilities, which implies a better ability to cover its short-term obligations. However, a significant increase in the current ratio, as demonstrated by Capri Holdings from September 30, 2022, to December 31, 2023, followed by a decline, may indicate fluctuations in asset and liability management or changes in the company's operations.
It is important to note that as of March 31, 2025, the current ratio data is not available, making it challenging to provide a complete trend analysis. Monitoring and analyzing the current ratio over time can provide valuable insights into the company's liquidity position and financial health.
Peer comparison
Mar 31, 2025