Victoria's Secret & Co (VSCO)
Cash ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 227,000 | 270,000 | 270,000 | 427,000 | 427,000 |
| Short-term investments | US$ in thousands | -66,000 | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,375,000 | 1,614,000 | 1,614,000 | 1,579,000 | 1,579,000 |
| Cash ratio | 0.12 | 0.17 | 0.17 | 0.27 | 0.27 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($227,000K
+ $-66,000K)
÷ $1,375,000K
= 0.12
The cash ratio of Victoria's Secret & Co has been relatively stable over the past few years, hovering around 0.27 in January 2023 and 0.17 in January 2024 and February 2024. However, there was a decrease noted in January 2025 to 0.12. This indicates that the company may have experienced a decrease in its ability to cover its short-term liabilities with its cash holdings. It's essential for the company to monitor this ratio closely to ensure that they have sufficient liquid assets to meet their obligations in the short term.
Peer comparison
Jan 31, 2025