Deckers Outdoor Corporation (DECK)
Cash 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 and cash equivalents | US$ in thousands | 1,889,190 | 2,240,920 | 1,225,680 | 1,438,400 | 1,502,050 | 1,650,800 | 823,051 | 1,046,890 | 981,795 | 1,057,840 | 419,259 | 695,230 | 843,527 | 998,261 | 746,211 | 956,712 | 1,089,360 | 1,156,560 | 626,414 | 661,941 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 769,941 | 1,032,880 | 875,640 | 912,470 | 719,993 | 927,442 | 759,390 | 735,804 | 497,380 | 815,306 | 728,624 | 799,758 | 541,684 | 727,930 | 682,963 | 600,533 | 468,368 | 571,850 | 503,842 | 394,998 |
| Cash ratio | 2.45 | 2.17 | 1.40 | 1.58 | 2.09 | 1.78 | 1.08 | 1.42 | 1.97 | 1.30 | 0.58 | 0.87 | 1.56 | 1.37 | 1.09 | 1.59 | 2.33 | 2.02 | 1.24 | 1.68 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,889,190K
+ $—K)
÷ $769,941K
= 2.45
Deckers Outdoor Corporation's cash ratio has fluctuated over the past few years, indicating variations in the company's liquidity position. The cash ratio measures the ability of a company to cover its short-term liabilities using its cash and cash equivalents.
As of March 31, 2025, Deckers Outdoor Corporation had a cash ratio of 2.45, which means the company had $2.45 in cash and cash equivalents for every $1 of current liabilities. This suggests that the company had a strong liquidity position at that point in time.
Looking at the trend in the cash ratio over the previous quarters, we observe some fluctuations. The ratio ranged from a low of 0.58 on September 30, 2022, to a high of 2.45 on March 31, 2025. The fluctuations in the ratio indicate changes in the company's ability to meet its short-term obligations using its readily available cash.
Overall, a higher cash ratio is generally preferred as it indicates a better ability to cover short-term liabilities. However, it is essential to consider other liquidity ratios and factors in conjunction with the cash ratio to get a comprehensive understanding of Deckers Outdoor Corporation's liquidity position and financial health.
Peer comparison
Mar 31, 2025