Nordstrom Inc (JWN)
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 | 3,689,000 | 4,032,000 | 3,448,000 | 3,218,000 | 3,136,000 | 3,136,000 | 3,715,000 | 3,715,000 | 3,510,000 | 3,510,000 | 3,511,000 | 3,511,000 | 3,209,000 | 3,209,000 | 3,807,000 | 3,807,000 | 3,601,000 | 3,601,000 | 3,539,000 | 3,172,000 |
| Total current liabilities | US$ in thousands | 3,088,000 | 3,532,000 | 3,218,000 | 3,135,000 | 3,072,000 | 3,072,000 | 3,709,000 | 3,709,000 | 3,546,000 | 3,546,000 | 3,654,000 | 3,654,000 | 2,990,000 | 2,990,000 | 3,839,000 | 3,839,000 | 3,556,000 | 3,556,000 | 3,587,000 | 3,314,000 |
| Current ratio | 1.19 | 1.14 | 1.07 | 1.03 | 1.02 | 1.02 | 1.00 | 1.00 | 0.99 | 0.99 | 0.96 | 0.96 | 1.07 | 1.07 | 0.99 | 0.99 | 1.01 | 1.01 | 0.99 | 0.96 |
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 displayed some fluctuations over the past few years based on the provided data. The current ratio measures a company's ability to cover its short-term liabilities with its current assets, with a higher ratio indicating a stronger liquidity position.
In January 2022, the current ratio was 0.96, indicating that Nordstrom had slightly less in current assets to cover its current liabilities. However, by July 2022, the ratio improved to 1.01, showing a better ability to meet short-term obligations.
The ratio remained around 0.99 to 1.01 from July 2022 to April 2023, suggesting some stability in Nordstrom's liquidity position. There was a slight drop in the ratio to 0.96 by April 2023, but it recovered to 1.00 by October 2023.
In the subsequent periods, Nordstrom's current ratio showed an upward trend, reaching its peak at 1.19 in January 2025. This indicates that the company had significantly improved its ability to cover short-term obligations with current assets.
Overall, Nordstrom's current ratio has demonstrated variation over the years but showed an improving trend towards the later periods, reflecting better liquidity management and a strengthened financial position. It is essential for investors and analysts to continue monitoring this ratio to assess Nordstrom's short-term solvency and liquidity position effectively.
Peer comparison
Jan 31, 2025