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

Company name
Symbol
Quick ratio
Capri Holdings Ltd
CPRI
0.00
Tapestry Inc
TPR
4.34