Victoria's Secret & Co (VSCO)
Current ratio
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | ||
|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,533,000 | 1,737,000 | 1,691,000 |
| Total current liabilities | US$ in thousands | 1,614,000 | 1,579,000 | 1,698,000 |
| Current ratio | 0.95 | 1.10 | 1.00 |
February 3, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,533,000K ÷ $1,614,000K
= 0.95
The current ratio of Victoria's Secret & Co has seen a declining trend over the past three years, dropping from 1.00 in January 2022 to 0.95 in February 2024. This indicates that the company may be facing challenges in meeting its short-term obligations with its current assets. A current ratio of less than 1.0 suggests that the company's current liabilities exceed its current assets, which could potentially lead to liquidity issues if not managed effectively. It is important for Victoria's Secret & Co to closely monitor its current assets and liabilities to ensure sufficient liquidity to meet its short-term financial obligations.
Peer comparison
Feb 3, 2024