Monro Muffler Brake Inc (MNRO)
Current ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | — | 253,289 | 258,467 | 245,502 | 266,525 |
| Total current liabilities | US$ in thousands | — | 455,156 | 449,177 | 321,964 | 290,616 |
| Current ratio | — | 0.56 | 0.58 | 0.76 | 0.92 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $—K
= —
The current ratio of Monro Muffler Brake Inc has been showing a consistent decline over the past few years. As of March 31, 2021, the current ratio stood at 0.92, indicating that the company had $0.92 in current assets for every $1 in current liabilities. However, this ratio decreased to 0.76 by March 31, 2022, and further to 0.58 by March 31, 2023. Subsequently, it decreased to 0.56 by March 31, 2024.
A current ratio below 1 typically suggests that the company may have difficulties meeting its short-term obligations with its current assets. In the case of Monro Muffler Brake Inc, the declining trend in the current ratio may raise concerns about its liquidity position and ability to cover immediate liabilities. It is important for the company to closely monitor and manage its current assets and liabilities to improve its liquidity position and ensure short-term solvency. Unfortunately, the current ratio data for March 31, 2025 is not available in the provided information.
Peer comparison
Mar 31, 2025