VF Corporation (VFC)
Cash 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and cash equivalents | US$ in thousands | — | 1,369,380 | 492,164 | 637,420 | 676,826 | 988,006 | 500,109 | 806,529 | 814,887 | 571,347 | 552,811 | 528,029 | 1,275,940 | 1,333,840 | 1,360,140 | 1,274,930 | 815,750 | 3,254,240 | 1,877,400 | 2,145,110 |
Short-term investments | US$ in thousands | — | — | — | 1,690 | 2,335 | 1,737 | — | — | — | — | — | 0 | 0 | 598,806 | 0 | 598,806 | 598,806 | 599,403 | 800,000 | 700,000 |
Total current liabilities | US$ in thousands | — | 3,226,910 | 4,982,430 | 4,408,970 | 3,456,980 | 3,997,280 | 3,544,830 | 3,816,440 | 3,545,770 | 4,546,230 | 5,345,990 | 3,464,000 | 3,315,400 | 3,223,880 | 3,384,360 | 3,071,450 | 2,210,480 | 2,498,020 | 2,084,530 | 1,715,460 |
Cash ratio | — | 0.42 | 0.10 | 0.14 | 0.20 | 0.25 | 0.14 | 0.21 | 0.23 | 0.13 | 0.10 | 0.15 | 0.38 | 0.60 | 0.40 | 0.61 | 0.64 | 1.54 | 1.28 | 1.66 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K
+ $—K)
÷ $—K
= —
The cash ratio of VF Corporation, a measure of its ability to cover short-term obligations with cash and cash equivalents, has fluctuated over the period from June 30, 2020, to March 31, 2025. The ratio started at a healthy level of 1.66 on June 30, 2020, indicating a strong liquidity position. However, it gradually declined in subsequent quarters, with notable decreases on March 31, 2021 (0.64) and September 30, 2021 (0.40), possibly suggesting increased utilization of cash for operations or investments.
Although there were slight improvements in the ratio in some quarters, such as December 31, 2021 (0.60) and December 31, 2023 (0.25), the overall trend indicated a decreasing ability to cover short-term liabilities with cash alone. The ratio hit its lowest point of 0.10 on September 30, 2022, indicating potential liquidity challenges or a need to manage cash more efficiently. Subsequently, the ratio showed some recovery but remained relatively low, reaching 0.42 on December 31, 2024.
The absence of data for March 31, 2025, makes it difficult to provide a complete picture of the current cash ratio. Overall, the fluctuating cash ratio of VF Corporation highlights the importance of monitoring liquidity levels and managing cash effectively to ensure the company can meet its short-term obligations.
Peer comparison
Mar 31, 2025