Caleres Inc (CAL)
Current ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 836,509 | 788,909 | 788,909 | 831,455 | 831,455 |
| Total current liabilities | US$ in thousands | 757,933 | 742,956 | 742,956 | 911,196 | 911,196 |
| Current ratio | 1.10 | 1.06 | 1.06 | 0.91 | 0.91 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $836,509K ÷ $757,933K
= 1.10
The current ratio for Caleres Inc has shown a fluctuating trend over the past few years. Starting at 0.91 in January 2023, the ratio remained constant at 0.91 in January 2023 and February 3, 2024. However, there was an improvement to 1.06 in January 31, 2024, and this ratio was maintained through February 3, 2024. Subsequently, in January 31, 2025, the current ratio further increased to 1.10, indicating an improvement in the company's short-term liquidity position. Overall, the current ratio has shown a positive trend, which suggests that Caleres Inc may have a better ability to meet its short-term obligations as of January 31, 2025.
Peer comparison
Jan 31, 2025