McKesson Corporation (MCK)
Current ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 55,398,000 | 47,970,000 | 44,292,000 | 46,231,000 | 45,382,000 |
| Total current liabilities | US$ in thousands | 61,604,000 | 52,357,000 | 47,957,000 | 48,466,000 | 44,103,000 |
| Current ratio | 0.90 | 0.92 | 0.92 | 0.95 | 1.03 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $55,398,000K ÷ $61,604,000K
= 0.90
The current ratio of McKesson Corporation has exhibited a declining trend over the past five years, decreasing from 1.03 as of March 31, 2021, to 0.90 as of March 31, 2025. This indicates that the company's current assets may not be sufficient to cover its current liabilities in each of the specified periods. A current ratio below 1 could suggest potential liquidity challenges for McKesson, as it may face difficulties meeting its short-term obligations with its current assets alone. Company management should closely monitor this ratio and take appropriate measures to maintain or improve liquidity levels to ensure ongoing financial stability.
Peer comparison
Mar 31, 2025