Academy Sports Outdoors Inc (ASO)
Cash ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 288,929 | 347,920 | 347,920 | 337,145 | 337,145 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 960,881 | 879,858 | 879,858 | 1,038,720 | 1,038,720 |
| Cash ratio | 0.30 | 0.40 | 0.40 | 0.32 | 0.32 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($288,929K
+ $—K)
÷ $960,881K
= 0.30
The cash ratio for Academy Sports Outdoors Inc has shown some fluctuations over the years. In January 28, 2023 and January 31, 2023, the cash ratio was consistent at 0.32. However, there was an improvement in the cash ratio to 0.40 by January 31, 2024 and this ratio was maintained through February 3, 2024. Subsequently, there was a slight decrease in the cash ratio to 0.30 by January 31, 2025. Overall, the company's cash ratio indicates its ability to cover its short-term liabilities with its available cash and cash equivalents. The fluctuations in the cash ratio should be further analyzed to understand the underlying reasons for the changes.
Peer comparison
Jan 31, 2025