Walmart Inc (WMT)

Current ratio

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Total current assets	US$ in thousands	76,877,000	75,655,000	81,070,000	90,067,000	61,806,000
Total current liabilities	US$ in thousands	92,415,000	92,198,000	87,379,000	92,645,000	77,790,000
Current ratio		0.83	0.82	0.93	0.97	0.79

January 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $76,877,000K ÷ $92,415,000K
= 0.83

The current ratio of Walmart Inc over the past five years has shown some fluctuations. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets.

In Jan 31, 2024, Walmart Inc had a current ratio of 0.83, which indicates that the company may have difficulties meeting its short-term obligations with its current assets. This could suggest potential liquidity challenges.

Comparing this to the prior year, there was a slight increase in the current ratio from 0.82 in Jan 31, 2023. However, the ratio still remains below 1, signaling that Walmart Inc may still have insufficient short-term assets to cover its short-term liabilities.

In Jan 31, 2022, the current ratio improved to 0.93, indicating a better ability to meet short-term obligations compared to the previous year. This suggests that Walmart Inc's liquidity position strengthened.

Looking further back, in Jan 31, 2021, the current ratio was even higher at 0.97, indicating a strong ability to cover short-term liabilities with current assets.

However, in Jan 31, 2020, the current ratio dipped significantly to 0.79, indicating a potential liquidity concern for Walmart Inc that year.

Overall, while there have been fluctuations in Walmart Inc's current ratio over the past five years, it is essential for investors and stakeholders to monitor this ratio closely to assess the company's short-term liquidity position and financial health.