Kyndryl Holdings Inc (KD)
Cash ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | — | 1,553,000 | 1,847,000 | 2,223,000 | 24,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | — | 4,589,000 | 4,868,000 | 4,457,000 | 3,910,000 |
| Cash ratio | — | 0.34 | 0.38 | 0.50 | 0.01 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K
+ $—K)
÷ $—K
= —
The cash ratio for Kyndryl Holdings Inc has shown variation over the years. As of March 31, 2021, the cash ratio was very low at 0.01, indicating that the company had minimal cash reserves relative to its current liabilities.
However, there was a significant improvement in the cash ratio to 0.50 as of March 31, 2022, suggesting that Kyndryl had increased its cash holdings in relation to its short-term obligations. This could signal improved liquidity and financial stability.
Subsequently, the cash ratio decreased slightly to 0.38 by March 31, 2023, indicating a lower level of immediate liquidity compared to the previous year. However, the ratio remained above 0.30, which is generally considered acceptable from a liquidity standpoint.
By March 31, 2024, the cash ratio further declined to 0.34, indicating a slight decrease in the company's ability to cover its short-term liabilities with its available cash. It would be important for the company to assess its liquidity position and ensure it has adequate reserves to meet its financial obligations.
The data for March 31, 2025 is not available (represented as "—"), making it difficult to provide a complete analysis for that year. However, monitoring the trend of the cash ratio over time can provide insights into Kyndryl's liquidity management and financial health.
Peer comparison
Mar 31, 2025