American Eagle Outfitters Inc (AEO)

Cash ratio

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 3, 2024	Jan 31, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022	Apr 30, 2022	Jan 31, 2022
Cash and cash equivalents	US$ in thousands	308,962	160,195	191,837	300,518	354,094	354,094	240,940	240,940	175,315	175,315	117,841	117,841	170,209	170,209	82,133	82,133	98,214	98,214	228,775	434,770
Short-term investments	US$ in thousands	50,000	0	0	100,000	100,000	100,000	—	—	388	388	384	384	85,249	85,249	384	384	104	104	103	—
Total current liabilities	US$ in thousands	882,656	851,015	794,386	773,329	891,172	891,172	831,231	831,231	762,476	762,476	716,437	716,437	768,948	768,948	685,430	685,430	718,061	718,061	737,479	842,871
Cash ratio		0.41	0.19	0.24	0.52	0.51	0.51	0.29	0.29	0.23	0.23	0.17	0.17	0.33	0.33	0.12	0.12	0.14	0.14	0.31	0.52

January 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($308,962K + $50,000K) ÷ $882,656K
= 0.41

The cash ratio of American Eagle Outfitters Inc, as of January 31, 2022, was 0.52, indicating that the company had $0.52 in cash and cash equivalents for every $1 of current liabilities. Over the following quarters, the cash ratio fluctuated, dropping to 0.31 by April 30, 2022, and further declining to 0.14 by both July 30, 2022, and July 31, 2022. This significant decrease in the cash ratio may suggest potential liquidity constraints during this period.

Throughout the subsequent quarters, the cash ratio remained relatively low, hovering around 0.12 to 0.33 until the end of January 2023. There was a noticeable improvement in the cash ratio in April 2023, reaching 0.17 and then increasing to 0.23 by July 31, 2023. By the end of October 31, 2023, the cash ratio further rose to 0.29, reflecting an enhanced liquidity position compared to the previous quarters.

In the following quarters up to April 30, 2024, the cash ratio continued to vary, with values ranging from 0.19 to 0.52. Notably, the cash ratio peaked at 0.52 by April 30, 2024, indicating a strong ability to cover short-term obligations with cash on hand. However, the ratio decreased to 0.24 by July 31, 2024, and further to 0.19 by October 31, 2024, pointing towards a potential decrease in liquidity during this period.

As of January 31, 2025, the cash ratio improved to 0.41, suggesting that American Eagle Outfitters Inc had $0.41 available in cash and cash equivalents for every $1 of current liabilities. Overall, the cash ratio trend of American Eagle Outfitters Inc indicates fluctuations in the company's liquidity position over the analyzed period, with periods of both strength and potential vulnerability in terms of meeting short-term obligations.