Kyndryl Holdings Inc (KD)

Current ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Total current assets US$ in thousands 4,747,000 4,963,000 5,777,000 2,843,000
Total current liabilities US$ in thousands 4,589,000 4,868,000 4,457,000 3,910,000
Current ratio 1.03 1.02 1.30 0.73

March 31, 2025 calculation

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

Kyndryl Holdings Inc's current ratio has shown some fluctuations over the past few years. In March 2021, the current ratio was 0.73, indicating that the company may have had some liquidity concerns as its current assets were not sufficient to cover its current liabilities. However, by March 2022, the current ratio improved to 1.30, suggesting better liquidity position with current assets now exceeding current liabilities.

In the subsequent years, the current ratio slightly declined in March 2023 to 1.02 and remained stable at 1.03 in March 2024. These ratios indicate that Kyndryl Holdings Inc continued to have a healthy liquidity position with current assets able to cover current liabilities. However, the current ratio data for March 2025 is not available (denoted by "—"), making it difficult to assess the company's current liquidity position for that year.

Overall, the trend in Kyndryl Holdings Inc's current ratio shows an improvement in liquidity from 2021 to 2022, followed by relatively stable liquidity levels in the subsequent years. However, it is important to consider other financial metrics and factors to assess the company's overall financial health comprehensively.