Caleres Inc (CAL)
Cash ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 29,636 | 21,358 | 21,358 | 33,700 | 33,700 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 757,933 | 742,956 | 742,956 | 911,196 | 911,196 |
| Cash ratio | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($29,636K
+ $—K)
÷ $757,933K
= 0.04
The cash ratio of Caleres Inc, as reflected in the provided data, has shown consistency in the range of 0.03 to 0.04 over the period from January 2023 to January 2025. This indicates that the company holds a relatively low level of cash compared to its current liabilities, suggesting a potential need to manage its liquidity position more effectively. While maintaining a stable cash ratio can be positive in ensuring liquidity, the company may need to assess its cash management strategies to optimize its ability to meet short-term obligations without relying heavily on external financing.
Peer comparison
Jan 31, 2025