Abercrombie & Fitch Company (ANF)

Current 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
Total current assets US$ in thousands 1,673,430 1,655,770 1,516,650 1,509,580 1,537,260 1,537,260 1,441,400 1,441,400 1,311,260 1,311,260 1,108,590 1,108,590 1,228,020 1,228,020 1,220,360 1,220,360 1,262,690 1,262,690 1,212,870 1,507,760
Total current liabilities US$ in thousands 1,126,940 1,182,090 1,051,660 919,699 966,820 966,820 1,027,140 1,027,140 936,480 936,480 769,461 769,461 902,200 902,200 935,492 935,492 959,268 959,268 853,032 1,015,240
Current ratio 1.48 1.40 1.44 1.64 1.59 1.59 1.40 1.40 1.40 1.40 1.44 1.44 1.36 1.36 1.30 1.30 1.32 1.32 1.42 1.49

January 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,673,430K ÷ $1,126,940K
= 1.48

The current ratio of Abercrombie & Fitch Company has shown fluctuations over the period from January 31, 2022, to January 31, 2025. The current ratio measures the company's ability to meet its short-term obligations with its current assets.

The current ratio started at 1.49 on January 31, 2022, indicating that the company had $1.49 in current assets for every $1 in current liabilities. It then slightly declined to 1.42 by April 30, 2022. However, in the following quarters, the current ratio continued to drop, reaching 1.30 by October 31, 2022.

Subsequently, there was a slight improvement in the current ratio to 1.36 by January 31, 2023, and further to 1.44 by April 30, 2023. The ratio slightly decreased to 1.40 in the following quarters but then increased significantly to 1.59 by February 3, 2024, and maintained the same ratio by April 30, 2024.

There was a notable decrease to 1.44 by July 31, 2024, followed by a drop to 1.40 as of October 31, 2024. The current ratio rebounded to 1.48 by January 31, 2025. Overall, the current ratio has fluctuated within the range of 1.30 to 1.64, indicating variations in the company's liquidity position and its ability to cover short-term obligations over the analyzed period.