Ralph Lauren Corp Class A (RL)
Current ratio
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Total current assets | US$ in thousands | 3,789,900 | 3,359,800 | 3,324,100 | 4,217,300 | 4,208,000 |
Total current liabilities | US$ in thousands | 2,133,700 | 1,467,200 | 1,493,500 | 2,255,700 | 1,584,800 |
Current ratio | 1.78 | 2.29 | 2.23 | 1.87 | 2.66 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,789,900K ÷ $2,133,700K
= 1.78
The current ratio for Ralph Lauren Corp Class A has shown fluctuations over the past five years. As of March 31, 2021, the current ratio stood at a healthy level of 2.66, indicating the company had $2.66 in current assets for every $1 in current liabilities, reflecting strong liquidity. However, by March 31, 2022, the current ratio decreased to 1.87, suggesting a potential strain on the company's short-term liquidity position.
There was a slight improvement in the current ratio to 2.23 by March 31, 2023, and a further increase to 2.29 by March 31, 2024, signaling an enhancement in short-term liquidity. Nonetheless, as of March 31, 2025, the current ratio declined to 1.78, indicating a decrease in the company's ability to meet its short-term obligations with its current assets.
Overall, the trend in the current ratio for Ralph Lauren Corp Class A demonstrates variability, with fluctuations that may warrant further investigation into the company's management of its current assets and liabilities to ensure adequate liquidity in the future.
Peer comparison
Mar 31, 2025