Take-Two Interactive Software Inc (TTWO)

Quick ratio

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash	US$ in thousands	1,471,000	754,000	827,400	1,732,100	1,422,880
Short-term investments	US$ in thousands	9,400	22,000	187,000	820,100	1,308,690
Receivables	US$ in thousands	851,900	764,700	843,100	684,300	658,316
Total current liabilities	US$ in thousands	3,615,800	2,406,400	3,851,600	2,104,960	2,234,720
Quick ratio		0.65	0.64	0.48	1.54	1.52

March 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,471,000K + $9,400K + $851,900K) ÷ $3,615,800K
= 0.65

The quick ratio of Take-Two Interactive Software Inc has shown some fluctuations over the years. As of March 31, 2021, the quick ratio was 1.52, indicating the company had $1.52 of liquid assets available to cover each dollar of current liabilities.

The quick ratio improved slightly to 1.54 by March 31, 2022, suggesting a stronger ability to meet short-term obligations with liquid assets. However, there was a significant decrease in the quick ratio to 0.48 by March 31, 2023, which could be a cause for concern as it indicates that the company may have had difficulty meeting its short-term liabilities with its current liquid assets.

By March 31, 2024, the quick ratio increased to 0.64, showing some improvement in the company's liquidity position compared to the previous year. Unfortunately, the data for March 31, 2025, is not available.

Overall, the fluctuating quick ratio of Take-Two Interactive Software Inc suggests that the company's liquidity position has varied over the years, and it may be important for stakeholders to monitor this ratio closely to assess the company's ability to meet its short-term financial obligations.