Kohl's Corporation (KSS)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 134,000 | 174,000 | 221,000 | 228,000 | 183,000 | 183,000 | 190,000 | 190,000 | 204,000 | 204,000 | 286,000 | 286,000 | 153,000 | 153,000 | 194,000 | 194,000 | 222,000 | 222,000 | 646,000 | 1,587,000 |
| Short-term investments | US$ in thousands | — | — | 10,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 3,131,000 | 4,393,000 | 3,438,000 | 3,013,000 | 2,612,000 | 2,612,000 | 4,156,000 | 4,156,000 | 3,470,000 | 3,470,000 | 3,554,000 | 3,554,000 | 3,115,000 | 3,115,000 | 4,486,000 | 4,486,000 | 3,370,000 | 3,370,000 | 3,394,000 | 3,286,000 |
| Cash ratio | 0.04 | 0.04 | 0.07 | 0.08 | 0.07 | 0.07 | 0.05 | 0.05 | 0.06 | 0.06 | 0.08 | 0.08 | 0.05 | 0.05 | 0.04 | 0.04 | 0.07 | 0.07 | 0.19 | 0.48 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($134,000K
+ $—K)
÷ $3,131,000K
= 0.04
The cash ratio, calculated as cash and cash equivalents divided by current liabilities, provides insight into a company's ability to cover its short-term liabilities with its cash reserves. For Kohl's Corporation, the cash ratio has shown fluctuations over the observed period.
In general, a higher cash ratio is preferable as it indicates a stronger ability to meet short-term obligations. From January 2022 to April 2023, Kohl's cash ratio ranged between 0.19 and 0.08, showing fluctuations but maintaining a relatively healthy level. However, from July 2023 to October 2024, the cash ratio declined further to as low as 0.04, indicating a potential decrease in the company's ability to cover its short-term liabilities with available cash.
The dip in the cash ratio may raise concerns about Kohl's liquidity position and its ability to manage short-term financial obligations effectively. It could suggest that the company may need to explore strategies to improve its cash reserves or efficiently manage its working capital. Further monitoring of the cash ratio trend is advisable to assess the ongoing liquidity position of Kohl's Corporation.
Peer comparison
Jan 31, 2025