Current Ratio
since 2005
Calculation
Take-Two Interactive Software Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Mar 31, 2025 | 0.78 | = | 2,815,900) | ÷ | 3,615,800) |
| Mar 31, 2024 | 0.94 | = | 2,259,700) | ÷ | 2,406,400) |
| Mar 31, 2023 | 0.65 | = | 2,508,100) | ÷ | 3,851,600) |
| Mar 31, 2022 | 1.84 | = | 3,871,088) | ÷ | 2,104,964) |
| Mar 31, 2021 | 1.89 | = | 4,220,515) | ÷ | 2,234,715) |
| Mar 31, 2020 | 1.71 | = | 3,493,351) | ÷ | 2,038,539) |
| Mar 31, 2019 | 1.45 | = | 2,827,835) | ÷ | 1,951,794) |
| Mar 31, 2018 | 1.40 | = | 2,409,177) | ÷ | 1,726,929) |
| Mar 31, 2017 | 1.30 | = | 2,195,242) | ÷ | 1,685,892) |
| Mar 31, 2016 | 1.68 | = | 2,045,276) | ÷ | 1,220,411) |
| Mar 31, 2015 | 1.84 | = | 1,781,308) | ÷ | 966,260) |
| Mar 31, 2014 | 2.95 | = | 1,399,440) | ÷ | 474,820) |
| Mar 31, 2013 | 2.57 | = | 866,152) | ÷ | 336,999) |
| Mar 31, 2012 | 3.40 | = | 743,617) | ÷ | 218,725) |
| Mar 31, 2011 | 2.45 | = | 566,603) | ÷ | 230,888) |
| Mar 31, 2010 | 2.03 | = | 426,600) | ÷ | 209,867) |
| Oct 31, 2009 | 1.77 | = | 628,224) | ÷ | 354,293) |
| Oct 31, 2008 | 1.98 | = | 723,774) | ÷ | 365,419) |
| Oct 31, 2007 | 1.60 | = | 498,523) | ÷ | 312,161) |
| Oct 31, 2006 | 2.07 | = | 544,873) | ÷ | 263,546) |
| Oct 31, 2005 | 2.62 | = | 613,242) | ÷ | 234,275) |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
1 US$ in thousands
The liquidity profile exhibits three distinct phases over the analyzed period, transitioning from a position of high solvency to a current state where short-term obligations exceed liquid assets.
- Historical Liquidity Trends
- Between 2005 and 2012, a general trend of strong liquidity was observed, peaking at a current ratio of 3.40 in March 2012. This period was characterized by current assets growing more rapidly than current liabilities, providing a significant cushion for short-term obligations.
- Period of Stabilization
- From 2013 to 2022, the current ratio entered a period of moderate volatility and eventual stabilization, generally fluctuating between 1.30 and 1.89. While current assets reached their historical peak of approximately 4.22 billion in March 2021, the ratio remained stable as current liabilities grew proportionally.
- Recent Liquidity Contraction
- A significant deterioration in the liquidity position occurred starting in March 2023, with the current ratio falling to 0.65. Despite a brief recovery to 0.94 in March 2024, the ratio declined again to 0.78 by March 2025. This downward trend is primarily attributed to a sharp increase in current liabilities, which peaked at 3.85 billion in 2023 and remained high relative to current assets in subsequent years.
- Asset and Liability Correlation
- The data reveals a decoupling of asset growth and liability management in the final years of the period. While current assets showed steady long-term growth from 2005 to 2021, the rapid escalation of current liabilities after 2022 has compromised the current ratio, moving the company from a position of surplus liquidity to a working capital deficit.
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Comparison to Competitors
Take-Two Interactive Software Inc., current ratio, long-term trends, comparison to competitors
| Take-Two Interactive Software Inc. | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|
| Mar 31, 2025 | 0.78 | 2.01 | 0.88 | 2.60 | 1.19 | 0.71 |
| Mar 31, 2024 | 0.94 | 1.84 | 0.68 | 2.98 | 1.22 | 0.73 |
| Mar 31, 2023 | 0.65 | 2.10 | 0.60 | 2.67 | 1.12 | 1.05 |
| Mar 31, 2022 | 1.84 | 2.38 | 0.78 | 2.20 | 1.17 | 1.00 |
| Mar 31, 2021 | 1.89 | 2.93 | 0.85 | 3.15 | 0.95 | 1.08 |
| Mar 31, 2020 | 1.71 | 3.07 | 0.93 | 5.05 | 1.25 | 1.32 |
| Mar 31, 2019 | 1.45 | 3.37 | 0.84 | 4.40 | 0.90 | 0.90 |
| Mar 31, 2018 | 1.40 | 3.92 | 0.79 | 7.19 | 1.49 | 0.94 |
| Mar 31, 2017 | 1.30 | 5.14 | 0.74 | 12.92 | 1.40 | 0.81 |
| Mar 31, 2016 | 1.68 | 6.29 | 0.76 | 11.97 | 1.25 | 1.01 |
| Mar 31, 2015 | 1.84 | 4.67 | 0.68 | 11.25 | 1.54 | 1.03 |
| Mar 31, 2014 | 2.95 | 4.80 | 0.78 | 9.60 | 1.48 | 1.14 |
| Mar 31, 2013 | 2.57 | 4.58 | 0.74 | 11.88 | 1.42 | 1.21 |
| Mar 31, 2012 | 3.40 | 4.22 | 1.20 | 10.71 | 1.34 | 1.07 |
| Mar 31, 2011 | 2.45 | 5.92 | 0.65 | — | 1.49 | 1.14 |
| Mar 31, 2010 | 2.03 | 4.16 | 1.08 | — | 1.65 | 1.11 |
| Oct 31, 2009 | 1.77 | 10.62 | 0.44 | — | 1.82 | 1.33 |
| Oct 31, 2008 | 1.98 | 8.77 | 0.42 | — | 1.67 | 1.01 |
| Oct 31, 2007 | 1.60 | 8.49 | 0.46 | — | 1.96 | 0.99 |
| Oct 31, 2006 | 2.07 | 10.00 | 0.70 | — | 2.21 | 0.94 |
| Oct 31, 2005 | 2.62 | 12.08 | 0.41 | — | 1.77 | 0.96 |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
Comparison to Sector (Media & Entertainment)
Take-Two Interactive Software Inc., current ratio, long-term trends, comparison to sector (media & entertainment)
| Take-Two Interactive Software Inc. | Media & Entertainment | |
|---|---|---|
| Mar 31, 2025 | 0.78 | 1.71 |
| Mar 31, 2024 | 0.94 | 1.58 |
| Mar 31, 2023 | 0.65 | 1.67 |
| Mar 31, 2022 | 1.84 | 1.76 |
| Mar 31, 2021 | 1.89 | 2.08 |
| Mar 31, 2020 | 1.71 | 2.38 |
| Mar 31, 2019 | 1.45 | 2.16 |
| Mar 31, 2018 | 1.40 | 2.51 |
| Mar 31, 2017 | 1.30 | 2.85 |
| Mar 31, 2016 | 1.68 | 2.86 |
| Mar 31, 2015 | 1.84 | 2.47 |
| Mar 31, 2014 | 2.95 | 2.46 |
| Mar 31, 2013 | 2.57 | 2.35 |
| Mar 31, 2012 | 3.40 | 2.31 |
| Mar 31, 2011 | 2.45 | 2.17 |
| Mar 31, 2010 | 2.03 | 2.14 |
| Oct 31, 2009 | 1.77 | 2.33 |
| Oct 31, 2008 | 1.98 | 1.56 |
| Oct 31, 2007 | 1.60 | 1.51 |
| Oct 31, 2006 | 2.07 | 1.47 |
| Oct 31, 2005 | 2.62 | 1.27 |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
Comparison to Industry (Communication Services)
Take-Two Interactive Software Inc., current ratio, long-term trends, comparison to industry (communication services)
| Take-Two Interactive Software Inc. | Communication Services | |
|---|---|---|
| Mar 31, 2025 | 0.78 | 1.41 |
| Mar 31, 2024 | 0.94 | 1.23 |
| Mar 31, 2023 | 0.65 | 1.30 |
| Mar 31, 2022 | 1.84 | 1.28 |
| Mar 31, 2021 | 1.89 | 1.41 |
| Mar 31, 2020 | 1.71 | 1.74 |
| Mar 31, 2019 | 1.45 | 1.49 |
| Mar 31, 2018 | 1.40 | 1.59 |
| Mar 31, 2017 | 1.30 | 1.65 |
| Mar 31, 2016 | 1.68 | 1.69 |
| Mar 31, 2015 | 1.84 | 1.45 |
| Mar 31, 2014 | 2.95 | 1.61 |
| Mar 31, 2013 | 2.57 | 1.90 |
| Mar 31, 2012 | 3.40 | 1.44 |
| Mar 31, 2011 | 2.45 | 1.35 |
| Mar 31, 2010 | 2.03 | 1.12 |
| Oct 31, 2009 | 1.77 | 1.08 |
| Oct 31, 2008 | 1.98 | 0.93 |
| Oct 31, 2007 | 1.60 | 0.89 |
| Oct 31, 2006 | 2.07 | 0.83 |
| Oct 31, 2005 | 2.62 | 0.78 |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).