Take-Two Interactive Software Inc (TTWO)
Current 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 | ||
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Total current assets | US$ in thousands | 2,815,900 | 2,401,300 | 2,705,700 | 2,559,000 | 2,259,700 | 2,218,500 | 2,536,800 | 2,255,000 | 2,508,100 | 2,606,700 | 3,251,100 | 3,036,000 | 3,871,100 | 3,705,010 | 4,243,460 | 4,013,610 | 4,220,520 | 4,159,960 | 3,932,100 | 3,686,930 |
Total current liabilities | US$ in thousands | 3,615,800 | 2,895,100 | 3,200,500 | 2,846,300 | 2,406,400 | 2,692,400 | 3,000,100 | 2,738,000 | 3,851,600 | 3,009,800 | 3,467,000 | 3,286,700 | 2,104,960 | 2,072,340 | 2,566,870 | 2,165,330 | 2,234,720 | 2,341,790 | 2,325,840 | 2,148,740 |
Current ratio | 0.78 | 0.83 | 0.85 | 0.90 | 0.94 | 0.82 | 0.85 | 0.82 | 0.65 | 0.87 | 0.94 | 0.92 | 1.84 | 1.79 | 1.65 | 1.85 | 1.89 | 1.78 | 1.69 | 1.72 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,815,900K ÷ $3,615,800K
= 0.78
Take-Two Interactive Software Inc's current ratio has fluctuated over the periods indicated, ranging from 0.65 to 1.89. The current ratio measures the company's ability to cover its short-term obligations with its short-term assets. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a good sign.
From June 30, 2020, to March 31, 2022, the current ratio consistently remained above 1, indicating that Take-Two had a strong ability to meet its short-term obligations. However, there was a notable decline in the current ratio from June 30, 2022, to March 31, 2025, with the ratio dropping below 1. This suggests that Take-Two may have had challenges in meeting its short-term liabilities with its current assets during these periods.
Overall, a current ratio of less than 1 implies that Take-Two may have had difficulty meeting its short-term obligations with its current assets in more recent periods. Investors and analysts may want to further investigate the reasons behind the declining current ratio to assess the company's liquidity and financial health accurately.
Peer comparison
Mar 31, 2025