Victoria's Secret & Co (VSCO)

Current ratio

Feb 3, 2024 Oct 28, 2023 Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022
Total current assets US$ in thousands 1,533,000 1,636,000 1,478,000 1,435,000 1,737,000 1,709,000 1,552,000 1,514,000
Total current liabilities US$ in thousands 1,614,000 1,368,000 1,407,000 1,369,000 1,579,000 1,332,000 1,445,000 1,451,000
Current ratio 0.95 1.20 1.05 1.05 1.10 1.28 1.07 1.04

February 3, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,533,000K ÷ $1,614,000K
= 0.95

Victoria's Secret & Co's current ratio has fluctuated over the past year, ranging from a low of 0.95 to a high of 1.28. The current ratio measures a company's ability to cover its short-term liabilities with its current assets. A current ratio below 1 indicates that a company may have difficulty meeting its short-term obligations.

The current ratio has varied around the industry average of 1. It decreased from 1.27 in July 2021 to 0.95 in February 2024, showing a potential liquidity issue. However, it has since improved to 1.20 in October 2023, suggesting better short-term liquidity.

Overall, Victoria's Secret & Co's current ratio has shown some instability, indicating a need for careful monitoring of its liquidity position to ensure it can meet its short-term financial obligations effectively.


Peer comparison

Feb 3, 2024

Company name
Symbol
Current ratio
Victoria's Secret & Co
VSCO
0.95
Bath & Body Works Inc.
BBWI
1.64