Dick’s Sporting Goods Inc (DKS)
Current ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 5,417,710 | 4,890,050 | 4,890,050 | 4,963,190 | 4,963,190 |
| Total current liabilities | US$ in thousands | 3,080,060 | 2,752,390 | 2,752,390 | 2,641,450 | 2,641,450 |
| Current ratio | 1.76 | 1.78 | 1.78 | 1.88 | 1.88 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $5,417,710K ÷ $3,080,060K
= 1.76
The current ratio of Dick’s Sporting Goods Inc has been relatively stable over the past few years, ranging from 1.76 to 1.88. This ratio indicates that the company has sufficient current assets to cover its current liabilities, with a higher ratio suggesting a stronger short-term financial position. Despite a slight decrease from 1.88 in January 2023 to 1.76 in January 2025, overall, Dick’s Sporting Goods Inc appears to have maintained a healthy liquidity position, which is essential for meeting its short-term obligations and operational needs. However, it is important to continue monitoring any potential changes in the current ratio to ensure ongoing financial stability.
Peer comparison
Jan 31, 2025