Foot Locker Inc (FL)
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 | 2,259,000 | 2,386,000 | 2,343,000 | 2,355,000 | 2,225,000 | 2,225,000 | 2,374,000 | 2,374,000 | 2,371,000 | 2,371,000 | 2,455,000 | 2,397,000 | 2,521,000 | 2,521,000 | 2,338,000 | 2,338,000 | 2,315,000 | 2,315,000 | 2,233,000 | 2,376,000 |
| Total current liabilities | US$ in thousands | 1,330,000 | 1,432,000 | 1,412,000 | 1,405,000 | 1,291,000 | 1,291,000 | 1,459,000 | 1,459,000 | 1,452,000 | 1,452,000 | 1,518,000 | 1,460,000 | 1,610,000 | 1,610,000 | 1,522,000 | 1,522,000 | 1,585,000 | 1,585,000 | 1,556,000 | 1,748,000 |
| Current ratio | 1.70 | 1.67 | 1.66 | 1.68 | 1.72 | 1.72 | 1.63 | 1.63 | 1.63 | 1.63 | 1.62 | 1.64 | 1.57 | 1.57 | 1.54 | 1.54 | 1.46 | 1.46 | 1.44 | 1.36 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,259,000K ÷ $1,330,000K
= 1.70
The current ratio of Foot Locker Inc has shown a generally positive trend over the past few years, indicating the company's ability to cover its short-term liabilities with its current assets. From January 31, 2022, to January 31, 2025, the current ratio has gradually increased from 1.36 to 1.70. This suggests that the company's liquidity position has improved, reflecting a stronger financial health and better capability to meet its financial obligations in the short term. Additionally, the current ratio has remained consistently above 1 during this period, indicating that Foot Locker Inc has more than enough current assets to cover its current liabilities. Overall, the upward trend in the current ratio demonstrates a positive liquidity position for Foot Locker Inc, providing a favorable outlook for the company's financial stability in the short term.
Peer comparison
Jan 31, 2025