Albertsons Companies (ACI)
Quick ratio
| Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 293,600 | 188,700 | 455,800 | 2,902,000 | 1,717,000 |
| Short-term investments | US$ in thousands | — | 23,300 | 21,400 | 14,400 | 11,900 |
| Receivables | US$ in thousands | 834,800 | 724,400 | 687,600 | 560,600 | 550,900 |
| Total current liabilities | US$ in thousands | 7,251,000 | 7,457,700 | 8,428,800 | 8,348,500 | 6,832,200 |
| Quick ratio | 0.16 | 0.13 | 0.14 | 0.42 | 0.33 |
February 28, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($293,600K
+ $—K
+ $834,800K)
÷ $7,251,000K
= 0.16
The quick ratio of Albertsons Companies has experienced fluctuations over the analyzed periods. As of February 28, 2021, the quick ratio stood at 0.33, indicating that the company possessed approximately 33 cents in liquid assets for every dollar of current liabilities. This ratio increased to 0.42 by February 28, 2022, reflecting an improved liquidity position, potentially due to a higher proportion of liquid assets relative to current liabilities.
However, subsequent years demonstrated a significant decline in the quick ratio, dipping to 0.14 on February 28, 2023, and further decreasing to 0.13 as of February 29, 2024. This downward trend suggests a weakening in the company's immediate liquidity, implying that a smaller portion of current liabilities could be settled with liquid assets. The ratio showed a slight recovery to 0.16 in the most recent period ending February 28, 2025, but remained substantially below the peak observed in 2022.
Overall, the data indicates a notable deterioration in Albertsons Companies' short-term liquidity over the analyzed timeframe, with an initial improvement followed by ongoing decline, and only a marginal recovery in the most recent period. This trend warrants attention as it may impact the company's ability to meet its short-term obligations with readily available assets.
Peer comparison
Feb 28, 2025