Express Current Ratio:
1.649 for Jan. 31, 2013Express Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| Jan. 31, 2013 | 1.649 |
| Oct. 31, 2012 | 1.440 |
| July 31, 2012 | 1.479 |
| April 30, 2012 | 1.647 |
| Jan. 31, 2012 | 1.409 |
| Oct. 31, 2011 | 1.584 |
| July 31, 2011 | 1.497 |
| April 30, 2011 | 1.575 |
| Jan. 31, 2011 | 1.440 |
| Oct. 31, 2010 | 1.339 |
| July 31, 2010 | 1.215 |
| April 30, 2010 | 1.158 |
| Jan. 31, 2010 | 1.622 |
About Current Ratio
The current ratio measures a company's ability to pay short-term debts and other current liabilities (financial obligations lasting less than one year) by comparing current assets to current liabilities. The ratio illustrates a company's ability to remain solvent.
A current ratio of one means that book value of current assets is exactly the same as book value of current liabilities. In general, investors look for a company with a current ratio of 2:1, meaning current assets twice as large as current liabilities. A current ratio less than one indicates the company might have problems meeting short-term financial obligations. If the ratio is too high, the company may not be efficiently using its current assets or short term financing facilities.
Other similar solvency ratios include :
Cash Ratio - Measures the amount of cash that can be used to pay liabilities (most strict)
Quick Ratio - Measures the amount of cash, short term equivalents, and accounts receivables that can be used to pay liabilities (more lenient than cash ratio, but stricter than current ratio)
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EXPR Current Ratio Benchmarks
| Companies | |
|---|---|
| American Eagle Outfitters | 2.619 |
| Urban Outfitters | 3.486 |
| Gap | 1.763 |
EXPR Current Ratio Rankings
| Overall |
65th percentile 2742 of 8002 |
| Sector |
47th percentile 352 of 673 in Consumer Cyclical |
| Industry |
25th percentile 32 of 43 in Apparel Stores |
EXPR Current Ratio Range, Past 5 Years
| Minimum | 1.157 | Apr 2010 |
| Maximum | 1.649 | Jan 2013 |
| Average | 1.466 |
