Urban Outfitters Inc (URBN)
Cash ratio
Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and cash equivalents | US$ in thousands | 290,481 | 182,516 | 209,129 | 173,995 | 178,321 | 206,237 | 224,744 | 171,655 | 201,260 | 147,431 | 91,665 | 71,640 | 206,575 | 236,354 | 464,811 | 364,247 | 395,635 | 624,945 | 662,860 | 588,740 |
Short-term investments | US$ in thousands | 319,949 | 340,445 | 352,360 | 312,558 | 286,744 | 249,176 | 250,832 | 209,777 | 181,378 | 146,364 | 160,020 | 187,563 | 239,420 | 188,375 | 156,982 | 164,430 | 174,695 | 2 | 501 | 65,121 |
Total current liabilities | US$ in thousands | 1,075,680 | 1,125,540 | 1,010,420 | 1,034,220 | 994,205 | 1,048,920 | 957,476 | 927,676 | 890,374 | 1,008,440 | 966,885 | 920,155 | 981,473 | 1,049,000 | 946,365 | 891,600 | 906,132 | 946,898 | 771,216 | 663,577 |
Cash ratio | 0.57 | 0.46 | 0.56 | 0.47 | 0.47 | 0.43 | 0.50 | 0.41 | 0.43 | 0.29 | 0.26 | 0.28 | 0.45 | 0.40 | 0.66 | 0.59 | 0.63 | 0.66 | 0.86 | 0.99 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($290,481K
+ $319,949K)
÷ $1,075,680K
= 0.57
The cash ratio of Urban Outfitters Inc has shown some fluctuation over the past few years, but overall it indicates the company's ability to cover its short-term obligations with its cash and cash equivalents.
From April 2020 to January 2022, the cash ratio decreased steadily from 0.99 to 0.28, which may suggest a potential risk in meeting immediate financial obligations. However, there was a slight increase in the ratio in the following periods, reaching 0.47 by April 2024.
Notably, the cash ratio dipped in October 2022 to 0.29, signaling a possible liquidity challenge. Nevertheless, the company managed to improve its cash position by January 2025, with a cash ratio of 0.57.
It is important to continue monitoring the cash ratio to ensure Urban Outfitters Inc maintains a healthy level of liquidity to meet its short-term financial commitments effectively.
Peer comparison
Jan 31, 2025