Monro Muffler Brake Inc (MNRO)
Quick ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Dec 23, 2023 | Sep 30, 2023 | Sep 23, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | — | 10,161 | 20,859 | 18,665 | 6,561 | 23,846 | 23,846 | 9,053 | 9,053 | 15,316 | 4,884 | 12,999 | 9,794 | 30,648 | 7,948 | 9,514 | 6,643 | 16,878 | 29,960 | 24,959 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | 14,712 | 14,675 | 12,054 | 41,093 | 15,242 | 808 | 14,316 | 20 | 14,120 | 51,981 | 13,172 | 12,603 | 11,850 | 32,729 | 14,709 | 18,194 | 18,507 | 41,236 | 22,062 |
| Total current liabilities | US$ in thousands | 524,290 | 507,713 | 501,566 | 468,654 | 455,156 | 486,632 | 486,632 | 472,367 | 472,367 | 480,677 | 449,177 | 427,349 | 385,161 | 369,814 | 321,964 | 312,121 | 310,905 | 320,260 | 290,616 | 310,546 |
| Quick ratio | 0.00 | 0.05 | 0.07 | 0.07 | 0.10 | 0.08 | 0.05 | 0.05 | 0.02 | 0.06 | 0.13 | 0.06 | 0.06 | 0.11 | 0.13 | 0.08 | 0.08 | 0.11 | 0.24 | 0.15 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($—K
+ $—K
+ $—K)
÷ $524,290K
= 0.00
The quick ratio of Monro Muffler Brake Inc has shown fluctuations over the past few years. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio below 1 indicates that the company may have difficulty meeting its short-term liabilities.
Looking at the data provided, the quick ratio was consistently below 1, indicating a potential liquidity risk for the company. The quick ratio was highest at 0.24 on March 31, 2021, suggesting a slight improvement in liquidity at that point. However, it then dropped to 0.06 on September 30, 2022, indicating a significant decrease in the company's ability to cover its short-term obligations with its quick assets.
The quick ratio remained below 0.1 for most of the period, reaching its lowest point of 0.00 on March 31, 2025, which may raise concerns about the company's short-term liquidity position. It is important for investors and stakeholders to closely monitor Monro Muffler Brake Inc's quick ratio to ensure the company can meet its short-term obligations in a sustainable manner.
Peer comparison
Mar 31, 2025