Monro Muffler Brake Inc (MNRO)
Quick ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | — | 6,561 | 4,884 | 7,948 | 29,960 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | — | 41,093 | 13,294 | 32,729 | 41,236 |
| Total current liabilities | US$ in thousands | — | 455,156 | 449,177 | 321,964 | 290,616 |
| Quick ratio | — | 0.10 | 0.04 | 0.13 | 0.24 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($—K
+ $—K
+ $—K)
÷ $—K
= —
The quick ratio of Monro Muffler Brake Inc has shown a declining trend over the years, indicating potential liquidity challenges. As of March 31, 2021, the quick ratio was 0.24, suggesting that the company had $0.24 in liquid assets available to cover each dollar of current liabilities. However, by March 31, 2023, the quick ratio had decreased to a concerning level of 0.04, implying a significant decrease in the company's ability to meet short-term obligations with its most liquid assets. Although there was a slight improvement in the quick ratio to 0.10 as of March 31, 2024, it remained relatively low.
Notably, the quick ratio for March 31, 2025, is not provided in the data, indicating possible incompleteness or unavailability of the financial information for that period. Overall, the declining trend in the quick ratio from 2021 to 2024 signals a potential liquidity risk for Monro Muffler Brake Inc, highlighting the importance of closely monitoring the company's ability to meet its short-term financial obligations with its readily available liquid assets.
Peer comparison
Mar 31, 2025