Current Ratio
since 2005
Calculation
Autodesk Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Jan 31, 2024 | 0.82 | = | 3,579) | ÷ | 4,351) |
| Jan 31, 2023 | 0.84 | = | 3,341) | ÷ | 4,000) |
| Jan 31, 2022 | 0.69 | = | 2,764) | ÷ | 4,009) |
| Jan 31, 2021 | 0.83 | = | 2,699) | ÷ | 3,255) |
| Jan 31, 2020 | 0.83 | = | 2,659) | ÷ | 3,219) |
| Jan 31, 2019 | 0.70 | = | 1,620) | ÷ | 2,301) |
| Jan 31, 2018 | 0.88 | = | 1,878) | ÷ | 2,123) |
| Jan 31, 2017 | 1.13 | = | 2,461) | ÷ | 2,185) |
| Jan 31, 2016 | 1.88 | = | 2,993) | ÷ | 1,591) |
| Jan 31, 2015 | 1.91 | = | 2,671) | ÷ | 1,400) |
| Jan 31, 2014 | 2.65 | = | 2,835) | ÷ | 1,072) |
| Jan 31, 2013 | 2.45 | = | 2,552) | ÷ | 1,044) |
| Jan 31, 2012 | 1.99 | = | 1,896) | ÷ | 954) |
| Jan 31, 2011 | 1.97 | = | 1,714) | ÷ | 870) |
| Jan 31, 2010 | 1.96 | = | 1,380) | ÷ | 704) |
| Jan 31, 2009 | 1.73 | = | 1,388) | ÷ | 800) |
| Jan 31, 2008 | 1.98 | = | 1,482) | ÷ | 747) |
| Jan 31, 2007 | 2.07 | = | 1,190) | ÷ | 574) |
| Jan 31, 2006 | 1.46 | = | 739) | ÷ | 507) |
| Jan 31, 2005 | 1.64 | = | 782) | ÷ | 477) |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).
1 US$ in millions
The financial trajectory of the current ratio exhibits a distinct shift from a position of high liquidity to a sustained period where current liabilities exceed current assets. Between 2005 and 2024, the liquidity profile transitioned from a peak current ratio of 2.65 to a long-term stabilization below the 1.0 threshold.
- Liquidity Expansion Phase (2005–2014)
- During this period, a strong liquidity position was maintained, with the current ratio consistently remaining above 1.46. Current assets grew significantly from US$ 782 million in 2005 to US$ 2,835 million in 2014. Because current liabilities grew at a slower proportional rate, the current ratio climbed steadily, reaching its historical peak of 2.65 in 2014, indicating a substantial cushion for meeting short-term obligations.
- Contraction and Transition (2015–2017)
- A rapid decline in liquidity is observed starting in 2015. The current ratio fell from 1.91 in 2014 to 1.13 by 2017. This compression was primarily driven by a sharp increase in current liabilities, which rose from US$ 1,072 million in 2014 to US$ 2,185 million in 2017, effectively neutralizing the growth in current assets.
- Sustained Liquidity Deficit (2018–2024)
- From 2018 through 2024, the current ratio remained consistently below 1.0, signifying that current liabilities exceeded current assets. The ratio reached a minimum of 0.69 in 2022. While current assets increased to US$ 3,579 million by 2024, this growth was offset by current liabilities rising to US$ 4,351 million. Consequently, the ratio has stabilized in a range between 0.70 and 0.84 over the last seven years, indicating a structural change in the management of short-term working capital.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
How can I help you?
Comparison to Competitors
Autodesk Inc., current ratio, long-term trends, comparison to competitors
| Autodesk Inc. | Accenture PLC | Adobe Inc. | AppLovin Corp. | Cadence Design Systems Inc. | Datadog Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 31, 2024 | 0.82 | 1.10 | 1.07 | 2.19 | 2.93 | 2.64 | 1.04 | 1.29 | 1.27 | 0.72 | 5.96 | 0.89 | 1.09 | 1.10 | 2.44 | 1.97 |
| Jan 31, 2023 | 0.84 | 1.30 | 1.34 | 1.71 | 1.24 | 3.17 | 0.96 | 1.47 | 1.77 | 0.91 | 5.55 | 0.78 | 1.02 | 1.06 | 1.15 | 1.75 |
| Jan 31, 2022 | 0.69 | 1.23 | 1.11 | 3.35 | 1.27 | 3.09 | 0.92 | 1.39 | 1.78 | 1.62 | 5.17 | 0.77 | 1.05 | 1.11 | 1.09 | 1.03 |
| Jan 31, 2021 | 0.83 | 1.25 | 1.25 | 5.05 | 1.77 | 3.54 | 0.88 | 1.94 | 2.08 | 2.30 | 4.34 | 0.91 | 1.23 | 1.05 | 1.16 | 1.12 |
| Jan 31, 2020 | 0.83 | 1.40 | 1.48 | — | 1.86 | 5.77 | 0.98 | 2.26 | 2.52 | 3.03 | 3.74 | 1.91 | 1.08 | 1.21 | 1.19 | 1.04 |
| Jan 31, 2019 | 0.70 | 1.40 | 0.79 | — | 1.74 | 4.51 | 1.02 | 1.83 | 2.53 | 2.49 | — | 1.78 | 0.95 | 1.03 | 0.99 | 1.11 |
| Jan 31, 2018 | 0.88 | 1.34 | 1.13 | — | 1.34 | — | 1.29 | 1.14 | 2.90 | 3.96 | — | 1.93 | 0.92 | 1.17 | 0.73 | 1.92 |
| Jan 31, 2017 | 1.13 | 1.23 | 2.05 | — | 1.53 | — | 1.33 | 0.73 | 2.48 | 3.08 | — | 1.65 | 0.83 | 1.15 | 1.04 | 1.93 |
| Jan 31, 2016 | 1.88 | 1.35 | 2.08 | — | 1.20 | — | 1.21 | 0.72 | 2.35 | 3.74 | — | 2.03 | 0.77 | 1.25 | 1.00 | 2.56 |
| Jan 31, 2015 | 1.91 | 1.36 | 2.18 | — | 1.80 | — | 1.24 | 1.47 | 2.50 | 4.13 | — | 1.04 | 0.81 | 1.48 | 0.99 | 3.29 |
| Jan 31, 2014 | 2.65 | 1.46 | 1.85 | — | 1.33 | — | 1.25 | 1.84 | 2.50 | 3.35 | — | 2.75 | 0.67 | 1.79 | 1.09 | 4.80 |
| Jan 31, 2013 | 2.45 | 1.45 | 2.65 | — | 1.06 | — | 1.28 | 1.87 | 2.71 | 3.24 | — | 2.57 | 0.69 | 2.43 | 1.18 | 3.47 |
| Jan 31, 2012 | 1.99 | 1.55 | 3.41 | — | 1.14 | — | 1.13 | 1.20 | 2.60 | 2.60 | — | 3.13 | 0.72 | 1.99 | 0.91 | — |
| Jan 31, 2011 | 1.97 | 1.45 | 3.02 | — | 1.05 | — | 1.21 | 1.25 | 2.60 | 2.76 | — | — | 0.84 | — | 1.33 | — |
| Jan 31, 2010 | 1.96 | 1.46 | 3.01 | — | 1.26 | — | 1.19 | 1.88 | 2.13 | 1.84 | — | — | 1.88 | — | 1.35 | — |
| Jan 31, 2009 | 1.73 | 1.46 | 2.93 | — | 2.14 | — | 1.36 | 1.82 | 1.82 | 2.03 | — | — | 1.39 | — | 1.80 | — |
| Jan 31, 2008 | 1.98 | 1.34 | 3.59 | — | 1.69 | — | 1.15 | 1.21 | 1.45 | 1.81 | — | — | 1.22 | — | 1.45 | — |
| Jan 31, 2007 | 2.07 | 1.14 | 3.02 | — | 1.95 | — | 1.20 | 1.68 | 1.69 | 1.37 | — | — | 1.11 | — | 1.29 | — |
| Jan 31, 2006 | 1.46 | 1.26 | 4.26 | — | 2.39 | — | 1.11 | 1.79 | 2.18 | 1.73 | — | — | 1.29 | — | 1.03 | — |
| Jan 31, 2005 | 1.64 | 1.37 | 4.18 | — | 2.11 | — | 1.30 | 1.61 | 2.89 | 1.05 | — | — | 1.36 | — | 1.16 | — |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).
Comparison to Sector (Software & Services)
Autodesk Inc., current ratio, long-term trends, comparison to sector (software & services)
| Autodesk Inc. | Software & Services | |
|---|---|---|
| Jan 31, 2024 | 0.82 | 1.19 |
| Jan 31, 2023 | 0.84 | 1.40 |
| Jan 31, 2022 | 0.69 | 1.43 |
| Jan 31, 2021 | 0.83 | 1.68 |
| Jan 31, 2020 | 0.83 | 1.92 |
| Jan 31, 2019 | 0.70 | 1.84 |
| Jan 31, 2018 | 0.88 | 2.23 |
| Jan 31, 2017 | 1.13 | 2.06 |
| Jan 31, 2016 | 1.88 | 2.03 |
| Jan 31, 2015 | 1.91 | 2.15 |
| Jan 31, 2014 | 2.65 | 2.01 |
| Jan 31, 2013 | 2.45 | 2.04 |
| Jan 31, 2012 | 1.99 | 1.84 |
| Jan 31, 2011 | 1.97 | 1.87 |
| Jan 31, 2010 | 1.96 | 1.61 |
| Jan 31, 2009 | 1.73 | 1.62 |
| Jan 31, 2008 | 1.98 | 1.36 |
| Jan 31, 2007 | 2.07 | 1.38 |
| Jan 31, 2006 | 1.46 | 1.53 |
| Jan 31, 2005 | 1.64 | 1.70 |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).
Comparison to Industry (Information Technology)
Autodesk Inc., current ratio, long-term trends, comparison to industry (information technology)
| Autodesk Inc. | Information Technology | |
|---|---|---|
| Jan 31, 2024 | 0.82 | 1.24 |
| Jan 31, 2023 | 0.84 | 1.41 |
| Jan 31, 2022 | 0.69 | 1.37 |
| Jan 31, 2021 | 0.83 | 1.55 |
| Jan 31, 2020 | 0.83 | 1.71 |
| Jan 31, 2019 | 0.70 | 1.66 |
| Jan 31, 2018 | 0.88 | 1.88 |
| Jan 31, 2017 | 1.13 | 2.04 |
| Jan 31, 2016 | 1.88 | 2.01 |
| Jan 31, 2015 | 1.91 | 2.04 |
| Jan 31, 2014 | 2.65 | 1.98 |
| Jan 31, 2013 | 2.45 | 2.20 |
| Jan 31, 2012 | 1.99 | 2.08 |
| Jan 31, 2011 | 1.97 | 2.12 |
| Jan 31, 2010 | 1.96 | 2.02 |
| Jan 31, 2009 | 1.73 | 2.04 |
| Jan 31, 2008 | 1.98 | 1.80 |
| Jan 31, 2007 | 2.07 | 1.79 |
| Jan 31, 2006 | 1.46 | 1.86 |
| Jan 31, 2005 | 1.64 | 2.02 |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).