Ulta Beauty Inc (ULTA)

Current ratio

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Total current assets US$ in thousands 3,028,810 2,836,520 2,836,520 2,709,300 2,709,300
Total current liabilities US$ in thousands 1,779,480 1,658,190 1,658,190 1,681,780 1,681,780
Current ratio 1.70 1.71 1.71 1.61 1.61

January 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $3,028,810K ÷ $1,779,480K
= 1.70

Ulta Beauty Inc's current ratio has remained relatively stable over the past few years, with a gradual increase from 1.61 in January 2023 to 1.70 in January 2025. This indicates that the company has a strong ability to cover its short-term liabilities with its current assets. A current ratio above 1 typically signifies that the company is able to meet its short-term obligations. However, a slight decrease in the current ratio from 1.71 in February 2024 to 1.70 in January 2025 may warrant further monitoring to ensure the company's liquidity position remains healthy. Overall, Ulta Beauty Inc's current ratio suggests a solid financial position in terms of short-term liquidity.


Peer comparison

Jan 31, 2025

Company name
Symbol
Current ratio
Ulta Beauty Inc
ULTA
1.70
IAC Inc.
IAC
2.80
Match Group Inc
MTCH
2.54
Sally Beauty Holdings Inc
SBH
2.20

See also:

Ulta Beauty Inc Current Ratio