Under Armour Inc C (UA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total current assets | US$ in thousands | — | 2,690,990 | 2,569,740 | 2,967,990 | 2,863,680 | 3,122,820 | 2,871,760 | 2,984,220 | 2,959,590 | 3,116,600 | 3,079,400 | 3,000,090 | 2,832,820 | 3,336,300 | 3,127,940 | 3,143,180 | 3,157,720 | 3,222,980 | 2,973,340 | 3,089,010 |
Total current liabilities | US$ in thousands | — | 1,341,020 | 1,181,130 | 1,718,290 | 1,165,460 | 1,466,180 | 1,283,100 | 1,464,210 | 1,356,890 | 1,502,130 | 1,473,260 | 1,458,680 | 1,298,600 | 1,450,180 | 1,354,540 | 1,361,960 | 1,234,320 | 1,413,280 | 1,448,400 | 1,618,610 |
Current ratio | — | 2.01 | 2.18 | 1.73 | 2.46 | 2.13 | 2.24 | 2.04 | 2.18 | 2.07 | 2.09 | 2.06 | 2.18 | 2.30 | 2.31 | 2.31 | 2.56 | 2.28 | 2.05 | 1.91 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $—K
= —
The current ratio of Under Armour Inc C has shown fluctuation over the past quarters. It increased from 1.91 in June 2020 to a peak of 2.56 in March 2021, indicating improved short-term liquidity and ability to cover its current liabilities with current assets. However, it dipped to 1.73 in June 2024 before rebounding to 2.01 in December 2024.
Generally, a current ratio above 1 indicates that a company can cover its short-term obligations with its current assets. In this case, the company has maintained a current ratio above 1 throughout the periods. Although there was a slight fluctuation, the current ratio provides a positive indication of the company's ability to meet its short-term financial obligations.
It is important to note that a current ratio of 2.01 in December 2024 is below the higher ratios seen previously, which may suggest a slight decrease in short-term liquidity compared to the previous periods. Additionally, the lack of data for March 2025 prevents a full assessment of the current ratio trend. Nonetheless, the company appears to have managed its short-term liquidity position effectively during the analyzed period.
Peer comparison
Mar 31, 2025