Abercrombie & Fitch Company (ANF)

Current ratio

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Total current assets	US$ in thousands	1,537,260	1,441,400	1,311,260	1,108,590	1,228,020	1,220,360	1,262,690	1,212,870	1,507,760	1,604,200	1,501,650	1,484,190	1,661,630	1,521,280	1,383,440	1,286,630	1,264,750	1,180,670	1,172,140	1,172,310
Total current liabilities	US$ in thousands	966,820	1,027,140	936,480	769,461	902,200	935,492	959,268	853,032	1,015,240	1,029,420	887,179	816,995	959,399	953,583	920,990	973,951	815,354	837,334	790,176	714,505
Current ratio		1.59	1.40	1.40	1.44	1.36	1.30	1.32	1.42	1.49	1.56	1.69	1.82	1.73	1.60	1.50	1.32	1.55	1.41	1.48	1.64

February 3, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,537,260K ÷ $966,820K
= 1.59

The current ratio of Abercrombie & Fitch Company has been fluctuating over the past few quarters, ranging from a low of 1.30 to a high of 1.82. As of Feb 3, 2024, the current ratio stands at 1.59, indicating that the company has $1.59 in current assets for every $1 in current liabilities.

Overall, Abercrombie & Fitch Company's current ratio has generally been above 1, suggesting that the company has a relatively healthy liquidity position and is able to meet its short-term obligations. However, the variation in the ratio over time may indicate some fluctuations in the company's current assets and liabilities. It's important to monitor the trend of the current ratio over time to assess the company's liquidity and short-term financial health effectively.