Capri Holdings Ltd (CPRI)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | — | 5.53 | 4.58 | 4.19 | 4.18 | 3.94 | 3.84 | 4.09 | 3.95 | 3.40 | 3.36 | 3.20 | 2.92 | 2.77 | 2.88 | 3.11 | 3.47 | 3.30 | 3.55 | 3.76 |
Based on the provided data, Capri Holdings Ltd's solvency ratios indicate a strong financial position in terms of its ability to meet long-term obligations.
1. Debt-to-assets ratio: The trend shows a consistently low ratio of 0.00 from June 2020 to March 2025. This suggests that the company's total debt is negligible in comparison to its total assets, indicating a low financial risk.
2. Debt-to-capital ratio: Similar to the debt-to-assets ratio, the debt-to-capital ratio remains at 0.00 throughout the period under review. This implies that the company's capital structure is not significantly reliant on debt financing, enhancing its solvency.
3. Debt-to-equity ratio: The debt-to-equity ratio also remains at 0.00 consistently from June 2020 to March 2025. This indicates that the company's financial leverage is minimal, with no significant dependence on debt to fund its operations.
4. Financial leverage ratio: The financial leverage ratio shows a fluctuating trend, starting at 3.76 in June 2020 and peaking at 5.53 in December 2024. While the ratio increased over the years, it remained relatively moderate, indicating that the company has managed its debt levels reasonably well.
Overall, based on the solvency ratios analyzed, Capri Holdings Ltd appears to have a stable and healthy financial structure with low debt levels and a strong ability to meet its long-term financial obligations. The company's consistent low debt ratios suggest a conservative approach to financing its operations, which may contribute to its financial stability and resilience.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | -17.81 | -14.21 | 6.67 | 20.36 | 20.56 | 18.04 | 15.62 | 18.64 | 25.81 | 32.46 | 44.00 | 42.43 | 50.00 | 40.94 | 26.80 | 17.07 | 1.07 | -7.96 | -8.76 | -10.34 |
The interest coverage ratio for Capri Holdings Ltd has shown fluctuating trends over the reported periods. As of December 31, 2024, the interest coverage ratio was negative at -14.21, indicating that the company's earnings before interest and taxes (EBIT) were not sufficient to cover its interest expenses.
However, there was a significant improvement in the interest coverage ratio in the subsequent periods. By March 31, 2025, the interest coverage ratio further deteriorated to -17.81, suggesting ongoing challenges in meeting interest obligations.
Overall, based on the data provided, Capri Holdings Ltd experienced varying levels of financial stability in its ability to cover interest expenses over the analyzed periods, with notable improvements in the middle of the period followed by a decline towards the end of the reporting period.