Kohls Corp (KSS)
Current ratio
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,410,000 | 4,720,000 | 3,974,000 | 4,159,000 | 3,736,000 | 5,434,000 | 4,630,000 | 4,763,000 | 5,023,000 | 5,888,000 | 5,658,000 | 5,195,000 | 5,835,000 | 5,996,000 | 5,688,000 | 6,170,000 | 4,649,000 | 5,781,000 | 4,678,000 | 4,635,000 |
| Total current liabilities | US$ in thousands | 2,612,000 | 4,156,000 | 3,470,000 | 3,554,000 | 3,115,000 | 4,486,000 | 3,370,000 | 3,394,000 | 3,286,000 | 3,939,000 | 3,309,000 | 2,938,000 | 3,022,000 | 3,743,000 | 2,566,000 | 3,287,000 | 2,769,000 | 4,075,000 | 2,840,000 | 2,792,000 |
| Current ratio | 1.31 | 1.14 | 1.15 | 1.17 | 1.20 | 1.21 | 1.37 | 1.40 | 1.53 | 1.49 | 1.71 | 1.77 | 1.93 | 1.60 | 2.22 | 1.88 | 1.68 | 1.42 | 1.65 | 1.66 |
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 displayed some fluctuations over the past few quarters, ranging from 1.14 to 2.22. The current ratio provides an indication of the company's ability to cover its short-term obligations with its current assets. A ratio above 1 indicates that the company has more current assets than current liabilities.
Kohls Corp's current ratio was relatively stable around 1.2 to 1.3 from May 2019 to Oct 2023, signaling a consistent ability to meet short-term obligations. However, there was a notable increase in the current ratio to 1.77 in Jan 2021, followed by a peak of 2.22 in Aug 2020, indicating a significant improvement in liquidity and short-term financial health.
Subsequently, there was a decline in the current ratio to 1.14 in Oct 2023, suggesting a potential decrease in the company's ability to cover short-term obligations with current assets. It rebounded to 1.31 in Feb 2024, indicating a slight improvement in liquidity.
Overall, while the current ratio of Kohls Corp has varied over the analyzed period, it generally remained above 1, reflecting a positive position regarding short-term liquidity and the ability to meet current obligations. However, a downward trend in the current ratio should be monitored for potential liquidity challenges.
Peer comparison
Feb 3, 2024