Under Armour Inc C (UA)

Current ratio

		Mar 31, 2025	Mar 31, 2024	Dec 31, 2023	Mar 31, 2023	Dec 31, 2022
Total current assets	US$ in thousands	2,329,100	2,863,680	2,863,680	2,959,590	2,959,590
Total current liabilities	US$ in thousands	1,109,140	1,165,460	1,165,460	1,356,890	1,356,890
Current ratio		2.10	2.46	2.46	2.18	2.18

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,329,100K ÷ $1,109,140K
= 2.10

The current ratio of Under Armour Inc C has shown a steady trend over the past few years. As of March 31, 2025, the current ratio stands at 2.10, indicating that the company has $2.10 in current assets for every $1 in current liabilities. This ratio suggests that Under Armour Inc C has a healthy liquidity position, as it demonstrates the company's ability to meet its short-term obligations using its current assets. However, it is worth noting that there was a slight decrease from the previous period's ratio of 2.46. Overall, the current ratio of Under Armour Inc C remains above 2, indicating a strong liquidity position.