Guess? Inc. (GES)
Cash ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 187,696 | 360,285 | 360,285 | 275,765 | 275,765 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 831,332 | 791,557 | 791,557 | 763,052 | 763,052 |
| Cash ratio | 0.23 | 0.46 | 0.46 | 0.36 | 0.36 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($187,696K
+ $—K)
÷ $831,332K
= 0.23
The cash ratio of Guess? Inc. has shown fluctuations over the past few years. As of January 28, 2023, and January 31, 2023, the cash ratio was consistent at 0.36, indicating that the company had $0.36 in cash and cash equivalents for every dollar of current liabilities during those periods.
Subsequently, there was an improvement in the cash ratio to 0.46 as of January 31, 2024, and this ratio remained constant on February 3, 2024. This increase suggests that Guess? Inc. had a higher level of liquidity, with $0.46 in cash and cash equivalents available for every dollar of current liabilities.
However, the cash ratio declined significantly to 0.23 on January 31, 2025, indicating a reduction in the company's liquidity position. This lower ratio implies that Guess? Inc. had only $0.23 in cash and cash equivalents for every dollar of current liabilities during that period.
Overall, while there were fluctuations in the cash ratio of Guess? Inc. over the years, it is essential for investors and stakeholders to monitor the company's liquidity position closely to assess its ability to meet short-term obligations effectively.