Academy Sports Outdoors Inc (ASO)
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 | 1,710,150 | 1,907,980 | 1,812,390 | 1,816,980 | 1,644,900 | 1,644,900 | 1,895,580 | 1,895,580 | 1,715,480 | 1,715,480 | 1,728,790 | 1,728,790 | 1,686,680 | 1,686,680 | 1,875,630 | 1,875,630 | 1,767,140 | 1,767,140 | 1,850,290 | 1,715,750 |
| 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 |
| Current ratio | 1.78 | 1.57 | 1.66 | 1.62 | 1.87 | 1.87 | 1.62 | 1.62 | 1.68 | 1.68 | 1.65 | 1.65 | 1.62 | 1.62 | 1.57 | 1.57 | 1.58 | 1.58 | 1.56 | 1.52 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,710,150K ÷ $960,881K
= 1.78
The current ratio for Academy Sports Outdoors Inc has shown a fluctuating trend over the past few years, ranging from 1.52 to 1.87. The current ratio measures the company's ability to cover its short-term obligations with its current assets. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered healthy.
From January 31, 2022, to April 29, 2023, the current ratio steadily increased from 1.52 to 1.65, indicating an improving ability to meet short-term liabilities. However, there was a slight drop in the ratio by October 28, 2023, before a significant increase to 1.87 by January 31, 2024, which reflects a strong liquidity position during that period.
Subsequently, the current ratio slightly dropped to 1.62 by April 30, 2024, before showing some recovery by July 31, 2024, at 1.66. By the end of October 31, 2024, the ratio decreased to 1.57 and then rose to 1.78 by January 31, 2025.
Overall, the current ratio for Academy Sports Outdoors Inc has shown some variability over the periods analyzed, with fluctuations possibly reflecting changes in the company's operational efficiency and financial management. This variability indicates the need for close monitoring of the company's liquidity position to ensure the ability to meet short-term obligations effectively.
Peer comparison
Jan 31, 2025