Ralph Lauren Corp Class A (RL)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,922,500 | 1,940,200 | 1,355,000 | 1,586,900 | 1,665,000 | 1,803,600 | 1,381,800 | 1,607,200 | 1,529,300 | 1,566,100 | 1,107,100 | 1,458,300 | 1,863,800 | 2,276,800 | 2,387,900 | 2,596,400 | 2,579,000 | 2,621,500 | 2,012,000 | 2,451,300 |
| Short-term investments | US$ in thousands | 160,500 | 203,000 | 334,700 | 173,600 | 121,000 | 113,800 | 85,100 | 73,100 | 36,400 | 131,400 | 309,600 | 320,100 | 734,600 | 710,200 | 673,100 | 368,000 | 197,500 | 165,700 | 434,100 | 259,300 |
| Total current liabilities | US$ in thousands | 2,133,700 | 2,221,800 | 2,092,400 | 1,573,600 | 1,467,200 | 1,678,200 | 1,610,400 | 1,593,700 | 1,493,500 | 1,749,600 | 1,709,600 | 1,745,400 | 2,255,700 | 2,429,600 | 2,260,600 | 2,113,300 | 1,584,800 | 1,676,800 | 1,553,700 | 1,486,900 |
| Cash ratio | 0.98 | 0.96 | 0.81 | 1.12 | 1.22 | 1.14 | 0.91 | 1.05 | 1.05 | 0.97 | 0.83 | 1.02 | 1.15 | 1.23 | 1.35 | 1.40 | 1.75 | 1.66 | 1.57 | 1.82 |
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 fluctuated over the past five years, indicating varying levels of liquidity.
From June 30, 2020, to September 30, 2022, the cash ratio decreased gradually from 1.82 to 0.83. This downward trend suggests a potential decrease in the company's ability to cover its short-term liabilities solely with its cash and cash equivalents during this period.
However, the cash ratio increased from September 30, 2022, to June 30, 2023, demonstrating a slight improvement in liquidity from 0.83 to 1.05. This improvement indicates that the company may have enhanced its ability to meet its short-term obligations with available cash resources.
Although there was a dip in the cash ratio in the subsequent quarter ending September 30, 2023, to 0.91, the ratio rebounded in the following periods, reaching 1.22 by March 31, 2024. This significant increase in liquidity suggests an improvement in the company's ability to meet its short-term liabilities using its cash and cash equivalents.
However, the cash ratio decreased in the most recent periods, from June 30, 2024, to March 31, 2025, fluctuating between 0.81 and 0.98. This fluctuation indicates a potential decrease in liquidity compared to the previous quarter.
Overall, the trend in Ralph Lauren Corp Class A's cash ratio depicts fluctuations in the company's ability to cover its short-term obligations with available cash and cash equivalents. It is essential for stakeholders to monitor these changes in liquidity to assess the company's financial health and risk management strategies.
Peer comparison
Mar 31, 2025