Academy Sports Outdoors Inc (ASO)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 288,929 | 295,996 | 324,568 | 378,145 | 347,920 | 347,920 | 274,827 | 274,827 | 311,336 | 311,336 | 295,536 | 295,536 | 337,145 | 337,145 | 318,167 | 318,167 | 399,857 | 399,857 | 472,395 | 485,998 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 960,881 | 1,212,010 | 1,091,280 | 1,122,080 | 879,858 | 879,858 | 1,172,620 | 1,172,620 | 1,019,780 | 1,019,780 | 1,049,360 | 1,049,360 | 1,038,720 | 1,038,720 | 1,191,210 | 1,191,210 | 1,119,630 | 1,119,630 | 1,188,570 | 1,127,110 |
| Cash ratio | 0.30 | 0.24 | 0.30 | 0.34 | 0.40 | 0.40 | 0.23 | 0.23 | 0.31 | 0.31 | 0.28 | 0.28 | 0.32 | 0.32 | 0.27 | 0.27 | 0.36 | 0.36 | 0.40 | 0.43 |
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 of Academy Sports Outdoors Inc has exhibited fluctuations over the analyzed periods, ranging from 0.23 to 0.43. The cash ratio indicates the company's ability to cover its short-term liabilities with its available cash and cash equivalents. A higher cash ratio implies a stronger ability to meet short-term obligations without having to rely on external sources of financing.
From January 31, 2022, to January 31, 2024, the cash ratio fluctuated between 0.27 and 0.43, showing some variability but generally staying above the observed lower range. However, in the subsequent periods up to January 31, 2025, the cash ratio decreased to 0.30, indicating a potential decline in the company's liquidity position. It is essential for investors and stakeholders to monitor the cash ratio for any significant shifts, as it provides insights into the company's liquidity risk and financial health.
Peer comparison
Jan 31, 2025