Victoria's Secret & Co (VSCO)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 161,000 | 1,786,000 | 1,488,000 | 1,393,000 | 1,533,000 | 1,533,000 | 1,636,000 | 1,636,000 | 1,478,000 | 1,478,000 | 1,435,000 | 1,435,000 | 1,737,000 | 1,737,000 | 1,709,000 | 1,709,000 | 1,552,000 | 1,552,000 | 1,514,000 | 1,691,000 |
| 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 |
| Current ratio | 0.12 | 1.17 | 1.00 | 0.97 | 0.95 | 0.95 | 1.20 | 1.20 | 1.05 | 1.05 | 1.05 | 1.05 | 1.10 | 1.10 | 1.28 | 1.28 | 1.07 | 1.07 | 1.04 | 1.00 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $161,000K ÷ $1,375,000K
= 0.12
The current ratio of Victoria's Secret & Co has fluctuated over the past few years based on the provided data. As of January 31, 2022, the current ratio was at 1.00, indicating that the company's current assets were equal to its current liabilities.
Subsequently, the current ratio improved slightly by April 30, 2022, and continued to increase, reaching a peak of 1.28 by October 29, 2022. This suggests that the company's liquidity position improved during this period, with more current assets available to cover its current liabilities.
However, from January 31, 2023, to April 30, 2024, the current ratio fluctuated within a range, indicating a relatively stable liquidity position for the company during this time.
It is worth noting that there was a significant decline in the current ratio from October 31, 2024, to January 31, 2025, where it dropped to 0.12. Such a low current ratio may raise concerns about the company's ability to meet its short-term obligations with its current assets.
Overall, by analyzing the trend in Victoria's Secret & Co's current ratio, it is essential for stakeholders to monitor the company's liquidity position closely to ensure it can meet its short-term financial commitments effectively.
Peer comparison
Jan 31, 2025