Doximity Inc (DOCS)

Current ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Total current assets US$ in thousands 912,941 975,453 904,137 209,401
Total current liabilities US$ in thousands 147,250 139,507 111,282 102,042
Current ratio 6.20 6.99 8.12 2.05

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $—K
= —

The current ratio of Doximity Inc has exhibited a positive trend over the years, starting at 2.05 on March 31, 2021, and increasing significantly to 8.12 on March 31, 2022. This substantial improvement indicates a strong ability to cover short-term obligations with its current assets. In the subsequent years, the current ratio remained relatively stable at 6.99 on March 31, 2023, 6.20 on March 31, 2024, and is not available for March 31, 2025. Overall, the company has maintained a healthy liquidity position, with consistently high current ratios showcasing its capacity to meet current liabilities using current assets.