Ralph Lauren Corp Class A (RL)

Cash ratio

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash and cash equivalents	US$ in thousands	1,922,500	1,662,200	1,529,300	1,863,800	2,579,000
Short-term investments	US$ in thousands	160,500	121,000	36,400	734,600	197,500
Total current liabilities	US$ in thousands	2,133,700	1,467,200	1,493,500	2,255,700	1,584,800
Cash ratio		0.98	1.22	1.05	1.15	1.75

March 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,922,500K + $160,500K) ÷ $2,133,700K
= 0.98

The cash ratio of Ralph Lauren Corp Class A has shown a fluctuating trend over the past five years. Starting at a comfortable 1.75 in March 2021, it gradually declined to 1.15 by March 2022 and further dropped to 1.05 by March 2023. However, there was a slight improvement in the cash ratio to 1.22 by March 2024. Unfortunately, by March 2025, the cash ratio decreased to 0.98, indicating a potential liquidity concern as the company may have inadequate cash to cover its short-term obligations.

Peer comparison

Mar 31, 2025

Company name

Symbol

Cash ratio

Ralph Lauren Corp Class A

0.98

Oxford Industries Inc