Caleres Inc (CAL)
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 | 836,509 | 870,307 | 939,700 | 805,336 | 788,909 | 788,909 | 822,873 | 822,873 | 914,823 | 914,823 | 820,880 | 820,880 | 831,455 | 831,455 | 921,084 | 921,084 | 1,018,790 | 1,018,790 | 933,641 | 836,476 |
| Total current liabilities | US$ in thousands | 757,933 | 806,430 | 860,423 | 764,365 | 742,956 | 742,956 | 827,921 | 827,921 | 956,371 | 956,371 | 879,277 | 879,277 | 911,196 | 911,196 | 1,038,910 | 1,038,910 | 1,139,800 | 1,139,800 | 1,069,890 | 1,025,610 |
| Current ratio | 1.10 | 1.08 | 1.09 | 1.05 | 1.06 | 1.06 | 0.99 | 0.99 | 0.96 | 0.96 | 0.93 | 0.93 | 0.91 | 0.91 | 0.89 | 0.89 | 0.89 | 0.89 | 0.87 | 0.82 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $836,509K ÷ $757,933K
= 1.10
The current ratio of Caleres Inc has shown a gradual improvement over the past few years, indicating a positive trend in the company's short-term liquidity position. As of January 31, 2022, the current ratio was at 0.82, which was below industry standards. However, by January 31, 2024, the current ratio increased to 1.06, indicating that Caleres Inc has strengthened its ability to meet its short-term obligations with its current assets. The current ratio further improved to 1.10 as of January 31, 2025, showcasing the company's continued focus on managing its short-term liquidity efficiently. This upward trend in the current ratio reflects positively on Caleres Inc's financial health and ability to manage its current liabilities with its current assets.
Peer comparison
Jan 31, 2025