Ross Stores Inc (ROST)
Quick ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 4,730,740 | 4,872,450 | 4,872,450 | 4,551,880 | 4,551,880 |
| Short-term investments | US$ in thousands | — | — | -14,489 | — | — |
| Receivables | US$ in thousands | — | 130,766 | — | — | 145,694 |
| Total current liabilities | US$ in thousands | 4,661,820 | 4,185,800 | 4,185,800 | 3,636,250 | 3,636,250 |
| Quick ratio | 1.01 | 1.20 | 1.16 | 1.25 | 1.29 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($4,730,740K
+ $—K
+ $—K)
÷ $4,661,820K
= 1.01
The quick ratio of Ross Stores Inc has shown some fluctuations over the past few years. As of January 28, 2023, the quick ratio was 1.29, indicating a healthy level of liquidity. However, by January 31, 2025, the quick ratio decreased to 1.01, which may suggest a potential strain on the company's ability to cover its short-term obligations with its most liquid assets. Overall, the trend in the quick ratio indicates some variability in the company's liquidity position, which warrants further monitoring and analysis to assess its financial health and risk exposure.
Peer comparison
Jan 31, 2025