Kohls Corp (KSS)
Current ratio
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,410,000 | 3,736,000 | 5,023,000 | 5,835,000 | 4,649,000 |
| Total current liabilities | US$ in thousands | 2,612,000 | 3,115,000 | 3,286,000 | 3,022,000 | 2,769,000 |
| Current ratio | 1.31 | 1.20 | 1.53 | 1.93 | 1.68 |
February 3, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,410,000K ÷ $2,612,000K
= 1.31
The current ratio of Kohls Corp has exhibited a declining trend over the past five years. In the most recent fiscal year, as of February 3, 2024, the current ratio stood at 1.31, which indicates that the company's current assets are sufficient to cover its current liabilities. However, compared to the previous years, the current ratio has decreased from 1.20 in January 28, 2023, to 1.53 in January 29, 2022, to 1.93 in January 30, 2021, and to 1.68 in February 1, 2020.
This downward trend in the current ratio may suggest potential liquidity challenges for Kohls Corp, as the company may be facing difficulties in meeting its short-term obligations with its current assets. It is important for stakeholders to closely monitor this trend and assess the company's ability to manage its current liabilities and maintain a healthy liquidity position in the future.
Peer comparison
Feb 3, 2024