DXC Technology Co (DXC)
Current ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 5,363,000 | 5,135,000 | 6,124,000 | 7,446,000 | 8,208,000 |
| Total current liabilities | US$ in thousands | 4,411,000 | 4,394,000 | 5,187,000 | 6,853,000 | 8,150,000 |
| Current ratio | 1.22 | 1.17 | 1.18 | 1.09 | 1.01 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $5,363,000K ÷ $4,411,000K
= 1.22
Based on the data provided, DXC Technology Co's current ratio has shown a moderately increasing trend over the past five years. The current ratio indicates the company's ability to cover its short-term liabilities with its current assets.
In March 31, 2021, the current ratio was 1.01, suggesting that the company had just enough current assets to cover its current liabilities. Over the following years, the current ratio improved to 1.09 in 2022, 1.18 in 2023, 1.17 in 2024, and 1.22 in 2025.
A current ratio above 1.0 is generally considered healthy as it indicates that a company has more current assets than current liabilities, which implies sufficient liquidity to meet short-term obligations. The increasing trend in DXC Technology Co's current ratio indicates an improved liquidity position and potentially enhanced ability to cover its short-term obligations over the years. However, it's important to consider other financial metrics and industry benchmarks for a more holistic assessment of the company's financial health.
Peer comparison
Mar 31, 2025