Capri Holdings Ltd (CPRI)
Quick ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | — | 199,000 | 249,000 | 169,000 | 232,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | — | 382,000 | 389,000 | 434,000 | 373,000 |
| Total current liabilities | US$ in thousands | 1,336,000 | 1,695,000 | 1,450,000 | 1,566,000 | 1,621,000 |
| Quick ratio | 0.00 | 0.34 | 0.44 | 0.39 | 0.37 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($—K
+ $—K
+ $—K)
÷ $1,336,000K
= 0.00
The quick ratio of Capri Holdings Ltd has shown fluctuations over the past five years. The ratio was 0.37 as of March 31, 2021, and improved slightly to 0.39 by March 31, 2022. Subsequently, it increased further to 0.44 by March 31, 2023, indicating an enhanced ability to meet short-term obligations with liquid assets. However, there was a notable decline in the quick ratio to 0.34 by March 31, 2024, suggesting a potential strain on liquidity. The most recent data point, as of March 31, 2025, shows a quick ratio of 0.00, which may raise concerns regarding the company's ability to cover immediate liabilities with its most liquid assets. It is important to further investigate the underlying reasons for this significant decrease and assess the overall liquidity position of Capri Holdings Ltd to determine the potential risks and opportunities for the company.
Peer comparison
Mar 31, 2025