Under Armour Inc C (UA)
Cash ratio
| Mar 31, 2025 | Mar 31, 2024 | Dec 31, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 501,361 | 858,691 | 858,691 | 711,910 | 711,910 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,109,140 | 1,165,460 | 1,165,460 | 1,356,890 | 1,356,890 |
| Cash ratio | 0.45 | 0.74 | 0.74 | 0.52 | 0.52 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($501,361K
+ $—K)
÷ $1,109,140K
= 0.45
The cash ratio for Under Armour Inc C has fluctuated over the years based on the provided data. As of March 31, 2025, the cash ratio stands at 0.45, indicating that the company has $0.45 in cash and cash equivalents for every $1 of current liabilities. This reflects a decrease from the previous periods of 0.74 as of March 31, 2024, and December 31, 2023.
While a declining trend in the cash ratio may raise concerns about the company's liquidity position, it is important to consider the overall financial health of the business and its ability to meet short-term obligations. Further analysis of cash flows and other liquidity measures would provide a more comprehensive understanding of Under Armour Inc C's financial stability.
Peer comparison
Mar 31, 2025