Triumph Group Inc (TGI)
Cash ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 277,164 | 392,511 | 227,403 | 240,878 | 589,882 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 395,078 | 356,262 | 396,924 | 601,504 | 718,367 |
| Cash ratio | 0.70 | 1.10 | 0.57 | 0.40 | 0.82 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($277,164K
+ $—K)
÷ $395,078K
= 0.70
The cash ratio of Triumph Group Inc has fluctuated over the past five years, ranging from a low of 0.40 on March 31, 2022 to a high of 1.10 on March 31, 2024. The cash ratio measures the company's ability to cover its short-term liabilities with its readily available cash and cash equivalents. A higher ratio indicates a stronger liquidity position, implying that Triumph Group Inc had more cash on hand relative to its current liabilities on March 31, 2024. On the other hand, the ratio was lower on March 31, 2022, suggesting that the company had less cash on hand relative to its short-term obligations at that time. Overall, fluctuations in the cash ratio may reflect changes in Triumph Group Inc's cash management practices and liquidity position during the respective periods.
Peer comparison
Mar 31, 2025