Academy Sports Outdoors Inc (ASO)
Current ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,710,150 | 1,644,900 | 1,644,900 | 1,686,680 | 1,686,680 |
| Total current liabilities | US$ in thousands | 960,881 | 879,858 | 879,858 | 1,038,720 | 1,038,720 |
| Current ratio | 1.78 | 1.87 | 1.87 | 1.62 | 1.62 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,710,150K ÷ $960,881K
= 1.78
The current ratio of Academy Sports Outdoors Inc has exhibited stability over the past few years, ranging from 1.62 to 1.87. This indicates that the company has sufficient current assets to cover its current liabilities. A current ratio above 1 signifies that the company can meet its short-term obligations, with a higher ratio indicating a stronger liquidity position. The slight fluctuations in the current ratio may be attributed to changes in the company's current assets and liabilities. Overall, Academy Sports Outdoors Inc appears to have a healthy liquidity position based on its current ratio trends.
Peer comparison
Jan 31, 2025