Urban Outfitters Inc (URBN)
Current ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,492,800 | 1,282,500 | 1,237,720 | 1,285,750 | 1,223,330 |
| Total current liabilities | US$ in thousands | 1,075,680 | 994,205 | 890,374 | 981,473 | 906,132 |
| Current ratio | 1.39 | 1.29 | 1.39 | 1.31 | 1.35 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,492,800K ÷ $1,075,680K
= 1.39
The current ratio of Urban Outfitters Inc has shown fluctuations over the past five years, ranging from 1.29 to 1.39. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A ratio of 1.0 or higher is generally considered healthy, indicating the company can meet its short-term obligations.
Despite the fluctuations, Urban Outfitters Inc has consistently maintained a current ratio above 1.0, suggesting a strong ability to meet its short-term financial obligations. The slight variations in the ratio may reflect changes in the company's liquidity position or the timing of payments over the years. Overall, the company's current ratio indicates a sound financial position in terms of short-term solvency.
Peer comparison
Jan 31, 2025