Buckle Inc (BKE)
Current ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 439,209 | 444,256 | 444,256 | 423,336 | 423,336 |
| Total current liabilities | US$ in thousands | 213,932 | 221,456 | 221,456 | 226,043 | 226,043 |
| Current ratio | 2.05 | 2.01 | 2.01 | 1.87 | 1.87 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $439,209K ÷ $213,932K
= 2.05
The current ratio of Buckle Inc has exhibited a generally positive trend over the past few years. Starting at 1.87 in January 2023, the ratio has remained stable at this level until January 2024 when it increased to 2.01. Subsequently, the current ratio has further improved to 2.05 as of January 31, 2025. This indicates that Buckle Inc has a strong ability to meet its short-term obligations with its current assets, as the current ratio is comfortably above 1. Generally, a current ratio above 1 is considered healthy, and Buckle Inc's increasing trend suggests a strengthening liquidity position. It also implies that the company is efficiently managing its current assets and liabilities to ensure financial stability and flexibility in the near term.
Peer comparison
Jan 31, 2025