Capri Holdings Ltd (CPRI)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 295,000 | 275,000 | 343,000 | 317,000 | 382,000 | 371,000 | 429,000 | 323,000 | 369,000 | 372,000 | 441,000 | 414,000 | 434,000 | 449,000 | 395,000 | 405,000 | 373,000 | 386,000 | 352,000 | 183,000 |
| 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 |
| Quick ratio | — | 0.44 | 0.29 | 0.32 | 0.35 | 0.34 | 0.54 | 0.39 | 0.43 | 0.42 | 0.51 | 0.39 | 0.39 | 0.41 | 0.41 | 0.49 | 0.37 | 0.39 | 0.37 | 0.25 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($—K
+ $—K
+ $295,000K)
÷ $—K
= —
The quick ratio of Capri Holdings Ltd has shown some fluctuations over the periods provided. The quick ratio indicates the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio of less than 1 suggests the company may have difficulty meeting its short-term financial commitments.
From June 30, 2020, to September 30, 2022, the quick ratio improved gradually from 0.25 to 0.51, indicating an enhancement in the company's liquidity position. However, there was a slight dip in the quick ratio by December 31, 2022, to 0.42.
Notably, the quick ratio increased significantly to 0.54 as of September 30, 2023, showing a strong improvement in the liquidity position of the company. However, there was a subsequent decrease in the quick ratio to 0.34 by December 31, 2023, which may raise concerns about the company's ability to cover its short-term obligations.
The quick ratio remained relatively stable between March 31, 2024, and June 30, 2024, around 0.35 to 0.32. By September 30, 2024, the quick ratio declined further to 0.29, indicating potential liquidity challenges for Capri Holdings Ltd.
Finally, as of December 31, 2024, the quick ratio improved to 0.44, suggesting a slight recovery in the company's liquidity position. It is worth noting that the quick ratio data for March 31, 2025, is not available in the provided information.
In conclusion, while the quick ratio of Capri Holdings Ltd has shown fluctuations over the given periods, investors and stakeholders should closely monitor the company's liquidity management to ensure it can meet its short-term obligations effectively.
Peer comparison
Mar 31, 2025