Ross Stores Inc (ROST)
Current ratio
| Jan 31, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 31, 2023 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 7,538,700 | 7,626,290 | 7,594,980 | 7,507,360 | 7,398,140 | 7,491,940 | 7,491,940 | 7,273,750 | 7,039,630 | 6,904,720 | 6,761,190 | 6,985,070 | 7,048,000 | 7,473,180 | 7,844,910 | 7,672,850 | 7,431,530 | 6,692,490 | 6,516,570 | 5,347,360 |
| Total current liabilities | US$ in thousands | 4,661,820 | 4,843,700 | 4,874,240 | 4,885,550 | 4,185,800 | 4,405,690 | 4,405,690 | 3,969,640 | 3,781,170 | 3,636,250 | 3,464,230 | 3,644,980 | 3,756,060 | 4,214,930 | 4,476,310 | 4,336,190 | 4,318,400 | 3,967,030 | 3,941,630 | 3,153,070 |
| Current ratio | 1.62 | 1.57 | 1.56 | 1.54 | 1.77 | 1.70 | 1.70 | 1.83 | 1.86 | 1.90 | 1.95 | 1.92 | 1.88 | 1.77 | 1.75 | 1.77 | 1.72 | 1.69 | 1.65 | 1.70 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $7,538,700K ÷ $4,661,820K
= 1.62
Based on the provided data, Ross Stores Inc's current ratio has exhibited some fluctuations over the reporting periods. The current ratio, which measures the company's ability to cover its short-term liabilities with its current assets, has generally remained above 1, indicating that Ross Stores Inc has had sufficient current assets to meet its short-term obligations.
From August 1, 2020, to January 31, 2025, the current ratio ranged from a low of 1.54 to a high of 1.95, with the most recent ratio reported on January 31, 2025, at 1.62. The current ratio showed an increasing trend from August 1, 2020, reaching a peak around October 29, 2022, before experiencing some fluctuation in subsequent periods.
Overall, Ross Stores Inc maintains a current ratio above 1, suggesting that it has been able to manage its short-term obligations effectively and has a relatively healthy liquidity position. It is important for investors and stakeholders to continue monitoring the company's current ratio to assess its liquidity and financial health.
Peer comparison
Jan 31, 2025