Guess? Inc. (GES)
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 | 1,141,510 | 1,303,750 | 1,255,860 | 1,207,530 | 1,225,470 | 1,225,470 | 1,228,490 | 1,228,490 | 1,260,070 | 1,260,070 | 1,212,680 | 1,212,680 | 1,211,700 | 1,211,700 | 1,150,530 | 1,150,530 | 1,099,000 | 1,099,000 | 1,023,380 | 1,284,090 |
| Total current liabilities | US$ in thousands | 866,423 | 848,783 | 855,514 | 768,118 | 791,557 | 791,557 | 836,394 | 836,394 | 857,305 | 857,305 | 829,033 | 829,033 | 763,052 | 763,052 | 732,727 | 732,727 | 760,319 | 760,319 | 758,491 | 817,874 |
| Current ratio | 1.32 | 1.54 | 1.47 | 1.57 | 1.55 | 1.55 | 1.47 | 1.47 | 1.47 | 1.47 | 1.46 | 1.46 | 1.59 | 1.59 | 1.57 | 1.57 | 1.45 | 1.45 | 1.35 | 1.57 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,141,510K ÷ $866,423K
= 1.32
The current ratio of Guess? Inc. has fluctuated over the past few years, ranging from a low of 1.32 to a high of 1.59. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a positive sign of liquidity.
The current ratio was relatively stable around the 1.5 mark for a significant period, indicating that the company had a healthy liquidity position to cover its short-term obligations. However, there was a slight decline in the current ratio in some periods, such as in April 2022 and April 2023, which could suggest a potential strain on the company's ability to meet its short-term obligations with its current assets during those specific periods.
It is important to consider the context of the industry and specific business circumstances when evaluating the current ratio, as different industries may have varying norms for liquidity levels. Overall, the current ratio of Guess? Inc. shows a relatively stable liquidity position, although some fluctuations over time may warrant further investigation into the company's short-term financial health.