Kroger Company (KR)
Current ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 15,273,000 | 12,948,000 | 12,948,000 | 12,584,000 | 12,670,000 |
| Total current liabilities | US$ in thousands | 15,859,000 | 16,058,000 | 16,058,000 | 16,649,000 | 17,238,000 |
| Current ratio | 0.96 | 0.81 | 0.81 | 0.76 | 0.74 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $15,273,000K ÷ $15,859,000K
= 0.96
The current ratio of Kroger Company has shown a gradual improvement over the past few years. As of January 31, 2025, the current ratio stands at 0.96, indicating that the company's current assets exceed its current liabilities by a healthy margin. This suggests that Kroger has sufficient short-term liquidity to cover its obligations. The trend of increasing current ratio from 0.74 in January 28, 2023, to 0.96 in January 31, 2025, reflects a strengthening financial position and effective management of working capital. Overall, the current ratio indicates that Kroger Company is in a strong position to meet its short-term obligations and continue its operations smoothly.
Peer comparison
Jan 31, 2025