Kyndryl Holdings Inc (KD)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,231,000 | 4,297,000 | 4,387,000 | 4,355,000 | 4,747,000 | 4,851,000 | 4,593,000 | 4,653,000 | 1,847,000 | 4,967,000 | 4,964,000 | 5,404,000 | 6,092,000 | 5,777,000 | 3,856,000 | 3,115,000 | 24,000 | 2,843,000 |
| Total current liabilities | US$ in thousands | 60,000 | 3,935,000 | 4,249,000 | 4,231,000 | 4,589,000 | 5,152,000 | 4,485,000 | 4,591,000 | 4,868,000 | 4,607,000 | 4,579,000 | 4,609,000 | 5,058,000 | 4,457,000 | 3,709,000 | 3,752,000 | 3,752,000 | 3,910,000 |
| Current ratio | 20.52 | 1.09 | 1.03 | 1.03 | 1.03 | 0.94 | 1.02 | 1.01 | 0.38 | 1.08 | 1.08 | 1.17 | 1.20 | 1.30 | 1.04 | 0.83 | 0.01 | 0.73 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,231,000K ÷ $60,000K
= 20.52
Kyndryl Holdings Inc's current ratio has shown significant fluctuations over the reporting periods, ranging from as low as 0.01 to as high as 20.52. A current ratio below 1 indicates that the company may have difficulties meeting its short-term obligations, while a current ratio above 1 suggests that it has sufficient current assets to cover its current liabilities.
The current ratio improved steadily from March 31, 2021, to December 31, 2022, peaking at 1.30. This indicates an improvement in the company's liquidity position during this period. However, there was a significant drop in the current ratio in the following quarters, hitting a low of 0.38 on March 31, 2023. This may raise concerns about the company's ability to pay off its short-term debts.
Subsequently, the current ratio showed some recovery, stabilizing around 1.00 in the following quarters up to March 31, 2025. The sudden spike to 20.52 on March 31, 2025, could be an anomaly or the result of a unique event impacting the balance sheet.
Overall, it is essential for stakeholders to monitor the current ratio closely to ensure that Kyndryl Holdings Inc maintains a healthy liquidity position to meet its short-term obligations effectively.
Peer comparison
Mar 31, 2025