ViaSat Inc (VSAT)

Current ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Total current assets US$ in thousands 2,887,940 3,478,900 2,244,510 1,159,470 991,233
Total current liabilities US$ in thousands 1,676,650 1,295,880 956,719 770,421 708,437
Current ratio 1.72 2.68 2.35 1.50 1.40

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,887,940K ÷ $1,676,650K
= 1.72

The current ratio for ViaSat Inc, a leading global communications company providing satellite and other wireless networking systems, has shown a generally positive trend over the past five years. As of March 31, 2021, the current ratio stood at 1.40, indicating that the company had $1.40 in current assets to cover every $1 in current liabilities.

Over the subsequent years, the current ratio steadily improved, reaching 1.50 by March 31, 2022, and further increasing to 2.35 by March 31, 2023. This significant rise suggests that ViaSat Inc strengthened its liquidity position, potentially enhancing its ability to meet short-term obligations.

By March 31, 2024, the current ratio further improved to 2.68, reaching its peak over the analyzed period. This ratio indicates a robust financial position with ample current assets relative to current liabilities, signifying a healthy liquidity position for the company.

However, by March 31, 2025, the current ratio declined to 1.72, showing a slight deterioration compared to the previous year. While still above 1, suggesting the company has sufficient current assets to cover its short-term liabilities, the decrease may warrant further investigation into the company's liquidity management and potential factors influencing this change.

In conclusion, ViaSat Inc has exhibited a generally positive trend in its current ratio over the past five years, with improvements in liquidity up to March 31, 2024, followed by a slight decline in 2025. Further monitoring of the company's liquidity management and financial performance will be crucial to ensure its continued financial health and ability to meet short-term obligations.