Nordstrom Inc (JWN)
Current ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,689,000 | 3,136,000 | 3,136,000 | 3,209,000 | 3,209,000 |
| Total current liabilities | US$ in thousands | 3,088,000 | 3,072,000 | 3,072,000 | 2,990,000 | 2,990,000 |
| Current ratio | 1.19 | 1.02 | 1.02 | 1.07 | 1.07 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,689,000K ÷ $3,088,000K
= 1.19
The current ratio of Nordstrom Inc has been relatively stable over the past few years. As of January 31, 2025, the current ratio stands at 1.19, indicating that the company has $1.19 in current assets for every $1 in current liabilities. This suggests that Nordstrom Inc has a strong ability to cover its short-term obligations with its current assets. However, it is important to note that the current ratio decreased slightly from 1.02 in January 31, 2024, to 1.19 in January 31, 2025. This decrease may indicate a potential increase in short-term liabilities relative to current assets. Overall, while the current ratio indicates a healthy liquidity position for Nordstrom Inc, management should continue to monitor and manage their current assets and liabilities effectively to maintain a strong financial position.
Peer comparison
Jan 31, 2025