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.
Peer comparison
Mar 31, 2025