Victoria's Secret & Co (VSCO)
Cash ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 227,000 | 161,000 | 169,000 | 105,000 | 270,000 | 270,000 | 124,000 | 124,000 | 131,000 | 131,000 | 132,000 | 132,000 | 427,000 | 427,000 | 126,000 | 126,000 | 201,000 | 201,000 | 204,000 | 490,000 |
| Short-term investments | US$ in thousands | -66,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,375,000 | 1,526,000 | 1,494,000 | 1,435,000 | 1,614,000 | 1,614,000 | 1,368,000 | 1,368,000 | 1,407,000 | 1,407,000 | 1,369,000 | 1,369,000 | 1,579,000 | 1,579,000 | 1,332,000 | 1,332,000 | 1,445,000 | 1,445,000 | 1,451,000 | 1,698,000 |
| Cash ratio | 0.12 | 0.11 | 0.11 | 0.07 | 0.17 | 0.17 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 | 0.10 | 0.27 | 0.27 | 0.09 | 0.09 | 0.14 | 0.14 | 0.14 | 0.29 |
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 experienced fluctuations over the period covered by the data. The cash ratio, which measures the company's ability to cover its short-term liabilities with its cash and cash equivalents, ranged from a high of 0.29 to a low of 0.07. A higher cash ratio indicates a stronger ability to cover short-term obligations without relying on external sources of funding.
The cash ratio decreased to 0.14 in April 2022 and remained at this level until July 2022. Subsequently, there was a decline in the cash ratio to 0.09 by October 2022 and this level was maintained until January 2023. There was a slight improvement in the cash ratio to 0.27 by January 2023, but then it decreased again to 0.10 by April 2023 and remained at this level until July 2023.
The cash ratio further decreased to 0.09 by October 2023 and was maintained at this level until January 2024 when it increased to 0.17. This level was sustained until April 2024 but then declined to 0.07 by April 2024. There was a slight recovery in the cash ratio to 0.11 by July 2024 and remained at this level till October 2024. Finally, by January 2025, the cash ratio was at 0.12.
Overall, the cash ratio of Victoria's Secret & Co has shown volatility over the period, indicating fluctuations in the company's liquidity position and ability to meet its short-term obligations with its available cash resources.
Peer comparison
Jan 31, 2025