Korn Ferry (KFY)
Current ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,750,140 | 1,674,160 | 1,638,670 | 1,759,970 | 1,487,130 |
| Total current liabilities | US$ in thousands | 955,598 | 934,519 | 976,260 | 984,225 | 750,070 |
| Current ratio | 1.83 | 1.79 | 1.68 | 1.79 | 1.98 |
April 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,750,140K ÷ $955,598K
= 1.83
The analysis of Korn Ferry's current ratio over the given period indicates a generally stable liquidity position, with some fluctuations.
As of April 30, 2021, the current ratio was 1.98, suggesting that the company's current assets nearly doubled its current liabilities, indicating a comfortable liquidity buffer. By April 30, 2022, the ratio declined to 1.79, reflecting a slight decrease in liquidity, although the company still maintained a solid position with assets sufficiently covering current obligations.
This downward trend continued through April 30, 2023, when the current ratio further decreased to 1.68. The decline suggests a modest reduction in liquidity margin, which could be attributable to increased current liabilities, a decrease in current assets, or a combination of both.
However, from April 30, 2023, the ratio experienced an improvement, rising back to 1.79 by April 30, 2024, and further increasing to 1.83 by April 30, 2025. These increases indicate a recovery in short-term liquidity, with current assets once again sufficiently covering current liabilities, strengthening the company's ability to meet its short-term obligations.
Overall, the current ratio has remained above the generally accepted threshold of 1.0 throughout the observed period, signaling that Korn Ferry has maintained adequate liquidity. The fluctuations reflect typical operational and financial adjustments rather than significant liquidity concerns. The recent upward trend suggests a positive development in Korn Ferry’s short-term financial health, positioning it well to meet upcoming liabilities.
Peer comparison
Apr 30, 2025