Under Armour Inc A (UAA)
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 | ||
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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 A has shown fluctuations over the past few years based on the provided data. The current ratio, which measures the company's ability to cover its short-term liabilities with its current assets, has generally been above 2, indicating a healthy liquidity position.
Specifically, the current ratio increased from 1.91 as of June 30, 2020, to a peak of 2.56 as of March 31, 2021, before gradually declining to 1.73 as of June 30, 2024. This indicates that the company may have faced challenges in managing its short-term obligations compared to its current assets during that period.
However, in the subsequent quarters, the current ratio recovered and stabilized around 2. This improvement suggests that Under Armour Inc A took steps to enhance its liquidity position, potentially through better management of current assets and liabilities.
The ratio dipping below 2 in some periods could signal potential liquidity concerns, as it may indicate the company has a lower ability to cover its short-term obligations with its current assets during those quarters. It would be important for Under Armour Inc A to monitor and manage its working capital effectively to ensure it can meet its short-term financial obligations consistently.
Peer comparison
Mar 31, 2025