Kohl's Corporation (KSS)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | 167,000 | — | — | — | — | — | — | — | — | 210,000 | — | — | — | — | — | — |
| 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 |
| Quick ratio | 0.04 | 0.04 | 0.07 | 0.08 | 0.13 | 0.07 | 0.05 | 0.05 | 0.06 | 0.06 | 0.08 | 0.08 | 0.05 | 0.12 | 0.04 | 0.04 | 0.07 | 0.07 | 0.19 | 0.48 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($134,000K
+ $—K
+ $—K)
÷ $3,131,000K
= 0.04
The quick ratio of Kohl's Corporation, which measures the company's ability to meet its short-term financial obligations using its most liquid assets, has shown fluctuations over the period analyzed.
As of January 31, 2022, the quick ratio was 0.48, indicating that the company had $0.48 of liquid assets available to cover each $1 of current liabilities. However, this ratio decreased significantly to 0.19 by April 30, 2022, and further declined to 0.07 by July 30, 2022, remaining at the same level on July 31, 2022.
The quick ratio continued to decrease, reaching 0.04 by both October 29, 2022, and October 31, 2022. There was a slight improvement to 0.12 by January 28, 2023, but it dropped again to 0.05 by January 31, 2023. The ratio fluctuated between 0.04 to 0.08 in the subsequent quarters of 2023, showing some instability in the company's short-term liquidity position.
By January 31, 2024, the quick ratio increased to 0.07, but slightly declined to 0.13 by February 3, 2024, before settling at 0.08 by April 30, 2024. The ratio then fell to 0.07 by July 31, 2024, and further decreased to 0.04 by both October 31, 2024, and January 31, 2025.
Overall, the quick ratio trend of Kohl's Corporation indicates some variability in its ability to meet short-term obligations with liquid assets, suggesting potential challenges in managing liquidity during the period under review. Further analysis of the company's financial statements and operational efficiency may be necessary to understand the underlying reasons for these fluctuations and identify appropriate strategies for improvement.
Peer comparison
Jan 31, 2025