Albertsons Companies (ACI)
Current ratio
| Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 6,559,000 | 6,287,500 | 6,270,400 | 8,366,400 | 6,988,000 |
| Total current liabilities | US$ in thousands | 7,251,000 | 7,457,700 | 8,428,800 | 8,348,500 | 6,832,200 |
| Current ratio | 0.90 | 0.84 | 0.74 | 1.00 | 1.02 |
February 28, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $6,559,000K ÷ $7,251,000K
= 0.90
The current ratio of Albertsons Companies has exhibited fluctuations over the analyzed period, indicating varying liquidity positions. As of February 28, 2021, the current ratio stood at 1.02, suggesting that the company's current assets slightly exceeded its current liabilities, thus reflecting a relatively healthy liquidity stance. By February 28, 2022, the ratio slightly declined to 1.00, reaching a point of equivalence where current assets matched current liabilities, signaling a marginal reduction in liquidity cushion. The following year, on February 28, 2023, the ratio further decreased to 0.74, indicating a notable decline in liquidity as current assets fell short of current liabilities, raising potential concerns about the company's short-term financial health.
However, in the subsequent year, the current ratio improved to 0.84 by February 29, 2024, demonstrating a partial recovery in liquidity levels. The ratio continued its upward trend, reaching 0.90 as of February 28, 2025, approaching a more balanced position although it remains below the critical benchmark of 1.00. Overall, the trend reflects a period of diminishing short-term liquidity from 2021 through 2023, with subsequent signs of recovery, but the ratio still indicates a slightly tighter liquidity position compared to the earlier years.
Peer comparison
Feb 28, 2025