Dynatrace Holdings LLC (DT)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Total current assets	US$ in thousands	1,605,300	1,286,660	1,101,590	1,074,430	1,118,180	830,897	851,278	859,802	948,422	812,320	652,710	638,046	680,282	574,504	461,139	441,936	487,777	411,444	355,558	190,255
Total current liabilities	US$ in thousands	1,258,550	958,588	856,366	899,953	1,037,040	831,017	708,913	749,380	865,599	713,155	594,093	598,872	647,911	550,303	451,535	441,189	490,183	449,233	381,093	938,630
Current ratio		1.28	1.34	1.29	1.19	1.08	1.00	1.20	1.15	1.10	1.14	1.10	1.07	1.05	1.04	1.02	1.00	1.00	0.92	0.93	0.20

March 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,605,300K ÷ $1,258,550K
= 1.28

The current ratio of Dynatrace Holdings LLC has shown fluctuation over the past few quarters, ranging from 0.92 to 1.34. A current ratio above 1 indicates that the company's current assets are sufficient to cover its current liabilities. The company generally maintained a current ratio above 1, indicating a healthy liquidity position during most periods. However, the ratio dipped to as low as 0.92 and 0.93 in the last two quarters of 2019, potentially raising concerns about the company's ability to meet its short-term obligations with its current assets during those periods. Overall, Dynatrace Holdings LLC's recent current ratio of 1.28 as of March 31, 2024, suggests a relatively healthy liquidity position, although investors and stakeholders may want to monitor the ratio for consistency and improvement.