ELF Beauty Inc (ELF)

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	—	559,077	554,039	530,460	477,077	454,900	435,446	370,409	303,325	262,890	247,398	216,640	193,029	185,125	181,304	182,731	170,144	160,289	151,760	145,515
Total current liabilities	US$ in thousands	—	293,907	310,897	299,805	299,115	302,939	152,371	109,705	107,976	87,537	71,948	61,732	65,017	62,513	71,218	82,977	73,331	66,680	61,027	57,231
Current ratio		—	1.90	1.78	1.77	1.59	1.50	2.86	3.38	2.81	3.00	3.44	3.51	2.97	2.96	2.55	2.20	2.32	2.40	2.49	2.54

March 31, 2025 calculation

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

ELF Beauty Inc's current ratio has shown fluctuating trends over the past few years. From a peak of 3.51 on June 30, 2022, the ratio steadily decreased to 1.50 by December 31, 2023, indicating a decrease in the company's ability to cover its short-term obligations with its current assets.

However, there was a slight improvement in the current ratio to 1.90 by December 31, 2024, suggesting a temporary stabilization in the company's liquidity position. The ratio of 1.90 indicates that ELF Beauty Inc may still have some difficulty meeting its short-term financial obligations with its current assets.

It is noteworthy that the data for March 31, 2025 is unavailable (indicated as "—"), and as such, we cannot provide an analysis for that period. Overall, ELF Beauty Inc's current ratio has shown some volatility, and while there have been fluctuations, the company may still need to closely monitor its liquidity position to ensure it can meet its short-term obligations efficiently.