Steven Madden Ltd (SHOO)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 894,695 | 944,843 | 860,108 | 807,294 | 854,832 | 853,583 | 827,899 | 768,033 | 843,557 | 817,249 | 906,410 | 868,103 | 944,660 | 881,101 | 743,780 | 734,531 | 698,241 | 647,834 | 635,921 | 640,792 |
| Total current liabilities | US$ in thousands | 413,721 | 452,963 | 405,930 | 332,512 | 377,624 | 331,760 | 317,642 | 257,242 | 320,908 | 280,081 | 379,643 | 345,260 | 435,190 | 388,574 | 279,158 | 256,493 | 235,916 | 218,072 | 237,892 | 232,712 |
| Current ratio | 2.16 | 2.09 | 2.12 | 2.43 | 2.26 | 2.57 | 2.61 | 2.99 | 2.63 | 2.92 | 2.39 | 2.51 | 2.17 | 2.27 | 2.66 | 2.86 | 2.96 | 2.97 | 2.67 | 2.75 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $894,695K ÷ $413,721K
= 2.16
The current ratio of Steven Madden Ltd has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The current ratio, a measure of the company's ability to meet its short-term obligations with its current assets, ranged between 2.09 to 2.99 during this period.
The company maintained a relatively stable current ratio above 2.5 from March 31, 2020, to June 30, 2021, indicating a strong ability to cover its short-term liabilities with current assets. The ratio dipped slightly in the following quarters, but generally remained above 2, suggesting a comfortable liquidity position.
From September 30, 2021, to December 31, 2024, the current ratio fluctuated within the range of 2.09 to 2.99. Although the ratio decreased at certain points, it stayed above 2 on all reported dates, indicating that Steven Madden Ltd continued to have sufficient current assets to cover its short-term obligations.
Importantly, a current ratio of over 2 typically indicates that the company is in a healthy financial position with enough short-term assets to cover its short-term liabilities. Overall, the trend in Steven Madden Ltd's current ratio reflects a generally sound liquidity position throughout the period under review.
Peer comparison
Dec 31, 2024