DXC Technology Co (DXC)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 5,363,000 | 5,075,000 | 5,007,000 | 4,963,000 | 5,135,000 | 5,531,000 | 5,349,000 | 5,744,000 | 6,124,000 | 6,993,000 | 6,678,000 | 6,848,000 | 7,446,000 | 7,503,000 | 7,384,000 | 7,541,000 | 8,208,000 | 9,105,000 | 8,337,000 | 10,708,000 |
| Total current liabilities | US$ in thousands | 4,411,000 | 3,788,000 | 4,004,000 | 4,093,000 | 4,394,000 | 4,961,000 | 4,724,000 | 5,057,000 | 5,187,000 | 6,170,000 | 5,865,000 | 6,257,000 | 6,853,000 | 6,728,000 | 6,819,000 | 7,406,000 | 8,150,000 | 8,270,000 | 8,656,000 | 8,325,000 |
| Current ratio | 1.22 | 1.34 | 1.25 | 1.21 | 1.17 | 1.11 | 1.13 | 1.14 | 1.18 | 1.13 | 1.14 | 1.09 | 1.09 | 1.12 | 1.08 | 1.02 | 1.01 | 1.10 | 0.96 | 1.29 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $5,363,000K ÷ $4,411,000K
= 1.22
DXC Technology Co's current ratio has fluctuated over the period from June 30, 2020, to March 31, 2025. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally seen as a positive indicator.
The current ratio started at 1.29 on June 30, 2020, indicating more than enough current assets to cover current liabilities. However, it decreased to 0.96 by September 30, 2020, which could signal potential liquidity concerns. The ratio improved slightly to 1.10 by December 31, 2020, but then dipped to 1.01 by March 31, 2021.
From June 30, 2021, to June 30, 2024, the current ratio remained relatively stable, fluctuating around the range of 1.02 to 1.34. This suggests that the company was able to maintain adequate liquidity levels during this period.
Overall, DXC Technology Co's current ratio shows some variability but generally stays above 1, indicating that the company can meet its short-term obligations with its current assets. It is important to continue monitoring changes in the current ratio to assess the company's liquidity position effectively.
Peer comparison
Mar 31, 2025