NetScout Systems Inc (NTCT)

Current ratio

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Total current assets	US$ in thousands	713,184	672,494	617,360	921,939	722,472
Total current liabilities	US$ in thousands	407,932	395,082	453,607	476,160	411,275
Current ratio		1.75	1.70	1.36	1.94	1.76

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $713,184K ÷ $407,932K
= 1.75

The current ratio of NetScout Systems Inc has shown some fluctuations over the past five years. As of March 31, 2021, the current ratio stood at 1.76, indicating that the company had $1.76 in current assets to cover each dollar of current liabilities.

In the following year, the current ratio improved to 1.94, suggesting a stronger liquidity position. However, by March 31, 2023, the ratio decreased to 1.36, which may indicate potential challenges in meeting short-term obligations with current assets alone.

NetScout Systems Inc's current ratio rebounded in the subsequent years, reaching 1.70 on March 31, 2024, and further improving to 1.75 by March 31, 2025. These ratios generally suggest a reasonable ability to cover short-term liabilities with current assets over the years, although the temporary drop in 2023 warrants attention to ensure adequate liquidity management in the future.