Carter’s Inc (CRI)

Current ratio

		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	Mar 31, 2020
Total current assets	US$ in thousands	1,142,670	1,071,510	1,102,390	1,016,790	1,101,240	1,067,890	1,045,370	1,042,720	1,188,720	1,346,530	1,341,760	1,698,880	1,899,720	1,982,780	1,971,020	1,917,880	1,946,020	1,797,510	1,889,540	1,590,260
Total current liabilities	US$ in thousands	508,816	484,108	527,643	418,957	511,862	464,197	517,536	410,635	528,949	552,005	633,852	1,024,480	717,231	674,465	628,336	656,859	792,532	760,906	702,374	427,675
Current ratio		2.25	2.21	2.09	2.43	2.15	2.30	2.02	2.54	2.25	2.44	2.12	1.66	2.65	2.94	3.14	2.92	2.46	2.36	2.69	3.72

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,142,670K ÷ $508,816K
= 2.25

Carter’s Inc has shown fluctuating current ratios over the past few years, ranging from a low of 1.66 on March 31, 2022, to a high of 3.72 on March 31, 2020. The current ratio measures the company's ability to cover its short-term liabilities with its current assets.

During the most recent period, the current ratio was 2.25 on December 31, 2024. This indicates that for every dollar of current liabilities, Carter’s had $2.25 in current assets available. While the current ratio decreased from the previous quarter, it still suggests the company has more than enough current assets to meet its short-term obligations.

Overall, the trend in Carter’s Inc’s current ratio shows some variability but generally remains above 1, indicating a healthy ability to cover short-term obligations with current assets. However, management may want to monitor the ratio closely to ensure the company maintains sufficient liquidity in the future.