Guess? Inc. (GES)
Current ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,249,370 | 1,225,470 | 1,225,470 | 1,211,700 | 1,211,700 |
| Total current liabilities | US$ in thousands | 831,332 | 791,557 | 791,557 | 763,052 | 763,052 |
| Current ratio | 1.50 | 1.55 | 1.55 | 1.59 | 1.59 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,249,370K ÷ $831,332K
= 1.50
The current ratio of Guess? Inc. over the past five periods has shown relative stability, ranging from 1.50 to 1.59. This indicates that the company has consistently maintained a healthy level of current assets relative to its current liabilities. A current ratio above 1.0 suggests that Guess? Inc. has sufficient current assets to cover its short-term obligations, providing a cushion for potential liquidity needs. Although there has been a slight decrease from 1.59 to 1.50 over the period, the current ratio remains above the threshold of 1.0, reflecting a solid liquidity position for Guess? Inc.