Urban Outfitters Inc (URBN)

Current 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
Total current assets	US$ in thousands	1,492,800	1,637,330	1,473,870	1,373,730	1,282,500	1,489,050	1,365,460	1,301,240	1,237,720	1,345,080	1,267,430	1,208,120	1,285,750	1,369,250	1,395,410	1,281,030	1,223,330	1,371,560	1,270,970	1,176,930
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
Current ratio		1.39	1.45	1.46	1.33	1.29	1.42	1.43	1.40	1.39	1.33	1.31	1.31	1.31	1.31	1.47	1.44	1.35	1.45	1.65	1.77

January 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,492,800K ÷ $1,075,680K
= 1.39

Urban Outfitters Inc's current ratio has been fluctuating over the past few years, ranging from a high of 1.77 on April 30, 2020 to a low of 1.29 on January 31, 2024. The current ratio measures the company's ability to cover its short-term obligations with its current assets, with a ratio above 1 indicating that the company has enough current assets to cover its current liabilities.

The current ratio has generally remained above 1, suggesting that Urban Outfitters Inc has had a healthy level of current assets relative to its current liabilities. However, the ratio decreased towards the end of the period, standing at 1.39 on January 31, 2025. This downward trend may indicate that the company's liquidity position has deteriorated slightly, as the ratio is closer to 1, which could raise concerns about the company's ability to meet its short-term financial obligations.

Overall, while Urban Outfitters Inc's current ratio has shown some variability, it has generally remained at a reasonable level, indicating that the company has been able to manage its liquidity effectively.