Abercrombie & Fitch Company (ANF)
Quick ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 772,727 | 900,884 | 900,884 | 517,602 | 517,602 |
| Short-term investments | US$ in thousands | 116,221 | — | 0 | — | — |
| Receivables | US$ in thousands | — | 78,346 | — | — | 104,506 |
| Total current liabilities | US$ in thousands | 1,126,940 | 966,820 | 966,820 | 902,200 | 902,200 |
| Quick ratio | 0.79 | 1.01 | 0.93 | 0.57 | 0.69 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($772,727K
+ $116,221K
+ $—K)
÷ $1,126,940K
= 0.79
The quick ratio of Abercrombie & Fitch Company has shown fluctuations over the past few years. Starting at 0.69 on January 28, 2023, the ratio decreased to 0.57 by January 31, 2023, indicating a potential liquidity constraint. However, the company improved its liquidity position significantly, with the quick ratio increasing to 0.93 on January 31, 2024, and further to 1.01 by February 3, 2024, surpassing the ideal threshold of 1. Subsequently, by January 31, 2025, the quick ratio slightly declined to 0.79 but still remains above 1, ensuring that Abercrombie & Fitch can cover its short-term liabilities with its liquid assets. Overall, the recent trend suggests a favorable liquidity position for the company, but continuous monitoring is essential to ensure sustainable financial stability.
Peer comparison
Jan 31, 2025