Ralph Lauren Corp Class A (RL)
Quick 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 | 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 |
| Receivables | US$ in thousands | 459,500 | 578,500 | 643,700 | 487,000 | 561,000 | 527,400 | 587,800 | 461,200 | 498,400 | 474,500 | 626,500 | 484,300 | 469,100 | 542,200 | 461,400 | 498,000 | 505,900 | 512,400 | 354,000 | 172,600 |
| 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 |
| Quick ratio | 1.19 | 1.22 | 1.12 | 1.43 | 1.60 | 1.46 | 1.28 | 1.34 | 1.38 | 1.24 | 1.20 | 1.30 | 1.36 | 1.45 | 1.56 | 1.64 | 2.07 | 1.97 | 1.80 | 1.94 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,922,500K
+ $160,500K
+ $459,500K)
÷ $2,133,700K
= 1.19
The quick ratio of Ralph Lauren Corp Class A shows a fluctuating trend over the past few years. It has ranged from a high of 2.07 in March 2021 to a low of 1.12 in September 2024. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio above 1 indicates that the company has enough liquid assets to cover its current liabilities, with a higher ratio implying greater liquidity and financial health.
Ralph Lauren's quick ratio has generally remained above 1, indicating a consistent ability to meet short-term obligations. However, the decreasing trend observed from 2022 to 2025 may raise concerns about the company's liquidity position. It is important for investors and stakeholders to monitor this ratio closely to ensure that Ralph Lauren maintains a strong financial position to weather any potential challenges in the future.
Peer comparison
Mar 31, 2025