Under Armour Inc A (UAA)

Current ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Dec 31, 2021
Total current assets US$ in thousands 2,329,100 2,863,680 2,959,590 3,336,300 3,336,300
Total current liabilities US$ in thousands 1,109,140 1,165,460 1,356,890 1,450,180 1,450,180
Current ratio 2.10 2.46 2.18 2.30 2.30

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 A has been relatively stable over the period from December 31, 2021, to March 31, 2025. The ratio indicates that for every dollar of current liabilities, the company has $2.30 of current assets as of December 31, 2021, and March 31, 2022. Further analysis reveals a slight decline in the current ratio to 2.18 as of March 31, 2023, followed by an increase to 2.46 as of March 31, 2024, signaling an improvement in the company's ability to meet its short-term obligations. However, by March 31, 2025, the current ratio decreased to 2.10, which may suggest a potential strain on the company's short-term liquidity position. Overall, monitoring future trends in the current ratio will be essential to assess Under Armour Inc A's short-term financial health and liquidity management.