ePlus inc (PLUS)
Current ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 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 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,363,790 | 1,276,700 | 1,202,380 | 1,264,100 | 1,214,080 | 1,219,310 | 1,269,230 | 1,276,130 | 1,095,130 | 1,293,440 | 1,069,910 | 985,343 | 897,482 | 960,551 | 829,566 | 774,198 | 777,594 | 826,652 | 768,029 | 806,832 |
| Total current liabilities | US$ in thousands | 797,883 | 696,811 | 649,922 | 628,236 | 656,990 | 631,463 | 700,368 | 800,786 | 561,326 | 793,577 | 607,311 | 533,972 | 460,036 | 567,413 | 475,625 | 446,405 | 459,364 | 531,038 | 476,493 | 519,560 |
| Current ratio | 1.71 | 1.83 | 1.85 | 2.01 | 1.85 | 1.93 | 1.81 | 1.59 | 1.95 | 1.63 | 1.76 | 1.85 | 1.95 | 1.69 | 1.74 | 1.73 | 1.69 | 1.56 | 1.61 | 1.55 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,363,790K ÷ $797,883K
= 1.71
The current ratio of ePlus inc has shown fluctuations over the past few years, ranging from 1.55 to 2.01. The current ratio measures the company's ability to meet its short-term liabilities with its current assets.
We observe an increasing trend in the current ratio from June 30, 2020 (1.55) to March 31, 2025 (1.71). Generally, a current ratio above 1 indicates that a company has more current assets than current liabilities, which is considered healthy.
ePlus inc's current ratio peaked at 2.01 on June 30, 2024, indicating a strong ability to cover its short-term obligations. However, it slightly decreased in the following periods but remained above 1.5, suggesting the company's continued liquidity and ability to meet its short-term financial commitments.
Overall, ePlus inc's current ratio has shown stability and strength, fluctuating within a reasonable range over the years, reflecting a solid financial position in terms of liquidity.
Peer comparison
Mar 31, 2025