American Eagle Outfitters Inc (AEO)
Current ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,354,230 | 1,433,350 | 1,433,350 | 1,100,240 | 1,100,240 |
| Total current liabilities | US$ in thousands | 882,656 | 891,172 | 891,172 | 768,948 | 768,948 |
| Current ratio | 1.53 | 1.61 | 1.61 | 1.43 | 1.43 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,354,230K ÷ $882,656K
= 1.53
American Eagle Outfitters Inc's current ratio has been relatively stable over the past few years, ranging between 1.43 and 1.61. The current ratio measures the company's ability to cover its short-term obligations with its current assets.
The current ratio of 1.43 in January 2023 and February 2024 indicates that the company had $1.43 in current assets for every $1 in current liabilities during those periods. This suggests that American Eagle Outfitters Inc may have had a moderate liquidity position at those times.
In January 2024 and January 2025, the current ratio improved to 1.61 and 1.53, respectively. A higher current ratio generally indicates a stronger ability to meet short-term obligations. This improvement suggests that the company may have increased its current assets relative to its current liabilities during those periods.
Overall, the trend in American Eagle Outfitters Inc's current ratio indicates a generally stable liquidity position, with some variations in the short term. It is important for the company to maintain a healthy current ratio to ensure it can meet its short-term financial obligations efficiently.
Peer comparison
Jan 31, 2025