Kyndryl Holdings Inc (KD)

Quick ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Cash US$ in thousands 1,553,000 1,847,000 2,223,000 24,000
Short-term investments US$ in thousands
Receivables US$ in thousands 1,599,000 1,523,000 2,279,000 1,444,000
Total current liabilities US$ in thousands 4,589,000 4,868,000 4,457,000 3,910,000
Quick ratio 0.69 0.69 1.01 0.38

March 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($—K + $—K + $—K) ÷ $—K
= —

Kyndryl Holdings Inc's quick ratio has shown fluctuations over the years based on the provided data. As of March 31, 2021, the quick ratio was 0.38, indicating that the company had limited short-term liquidity to cover its current liabilities. However, by March 31, 2022, the quick ratio improved significantly to 1.01, suggesting that Kyndryl had a healthier ability to meet its short-term obligations with its liquid assets.

In the following years, the quick ratio remained relatively stable, standing at 0.69 for both March 31, 2023, and March 31, 2024. A quick ratio of 0.69 indicates that Kyndryl may still face challenges in swiftly meeting its current liabilities with its liquid assets.

Unfortunately, the data for March 31, 2025, is unavailable (indicated by "—"). Without this information, we cannot assess the company's quick ratio for that specific period. Overall, Kyndryl's quick ratio has shown variability, with fluctuations that may indicate changes in its short-term liquidity position over the years analyzed.