What is Costco's current ratio?

The current ratio of Costco is 1.01. It indicates that Costco has $1.01 of current assets for every $1 of current liabilities. The satisfactory current ratios may vary from industry to industry and are normally between 1.5 and 2 for healthy business (Wulantika et al., 2018).

What is Walmart's current ratio?

Current Ratio

The formula is current assets divided by current liabilities. A value of 1.0 or higher is preferred. Many value investors consider 1.5 to be an ideal current ratio. Walmart's current ratio comes in low at 0.79.

What is a good current ratio?

A good current ratio is between 1.2 to 2, which means that the business has 2 times more current assets than liabilities to covers its debts. A current ratio below 1 means that the company doesn't have enough liquid assets to cover its short-term liabilities.

What is Costco's debt to equity ratio?

Costco Wholesale Debt to Equity Ratio: 0.3429 for Feb.

Is 1.13 a good current ratio?

In general, a current ratio between 1.2 to 2.0 is considered healthy.

Liquidity Ratios - Current Ratio and Quick Ratio (Acid Test Ratio)

What is too high of a current ratio?

If the current ratio is too high (much more than 2), then the company may not be using its current assets or its short-term financing facilities efficiently. This may also indicate problems in working capital management.

Is a current ratio of 2.5 good?

The current ratio for Company ABC is 2.5, which means that it has 2.5 times its liabilities in assets and can currently meet its financial obligations Any current ratio over 2 is considered 'good' by most accounts.

What is Walmart debt to equity ratio?

Debt-to-Equity Ratio

Walmart's D/E ratio as of July 31, 2021, was 1.74.

What does a current ratio of 1.5 mean?

A current ratio of 1.5 would indicate that the company has $1.50 of current assets for every $1 of current liabilities. For example, suppose a company's current assets consist of $50,000 in cash plus $100,000 in accounts receivable. Its current liabilities, meanwhile, consist of $100,000 in accounts payable.

What does a current ratio of 4.5 mean?

This ratio expresses a firm's current debt in terms of current assets. So a current ratio of 4 would mean that the company has 4 times more current assets than current liabilities.

What is considered a bad current ratio?

A ratio value lower than 1 may indicate liquidity problems for the company, though the company may still not face an extreme crisis if it's able to secure other forms of financing. A ratio over 3 may indicate that the company is not using its current assets efficiently or is not managing its working capital properly.

What is the current ratio for Amazon?

Current and historical current ratio for Amazon (AMZN) from 2010 to 2022. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. Amazon current ratio for the three months ending March 31, 2022 was 0.96.

Why is walmarts current ratio so low?

Unsurprisingly, Wal-Mart's low quick ratio is also a result of supplier leverage. Specifically, at the end of the fiscal third quarter the company had $49.6 billion in inventory booked on its balance sheet; accounts payable totaled $39.2 billion for the period.

How much is Walmart's debt?

Walmart long term debt for 2022 was $39.107B, a 13.17% decline from 2021. Walmart long term debt for 2021 was $45.041B, a 6.21% decline from 2020. Walmart long term debt for 2020 was $48.021B, a 4.35% decline from 2019.

How much is Tesla in debt?

As of Dec. 31, 2021, Tesla reported total liabilities of $30.5 billion. Between 2020 and 2021, the company incurred 7% more debt. A majority of this debt is due in the short-term, as Tesla had over $10 billion of accounts payable at the end of 2020—almost a 40% increase from the year prior.

What is Disney's debt-to-equity ratio?

Disney's debt-to-equity ratio was 0.23 in the second quarter of 2019 and is now near 10-year highs. The company's addition of Fox's debt to its balance sheet has now made the company debt-heavy, in that its debt-to-assets ratio is at a 10-year high of 27%.

How much is Costco 2021 debt?

What Is Costco Wholesale's Net Debt? The chart below, which you can click on for greater detail, shows that Costco Wholesale had US$7.47b in debt in November 2021; about the same as the year before.

What is a good debt/equity ratio?

What is a good debt-to-equity ratio? Although it varies from industry to industry, a debt-to-equity ratio of around 2 or 2.5 is generally considered good. This ratio tells us that for every dollar invested in the company, about 66 cents come from debt, while the other 33 cents come from the company's equity.

Is a 1.48 current ratio good?

A high current ratio above 1.5 is considered healthy

A current ratio of 1.5 or above is considered healthy and is likely to support a company's share price.

What does it mean if the current ratio is above 3?

3. If a current ratio is above 3. If a company calculates its current ratio at or above 3, this means that the company might not be utilizing its assets correctly. This misuse of assets can present its own problems to a company's financial well-being.

What industries have high current ratios?

Land subdivision, the highest current ratio among industries analyzed by Sageworks, is a fairly unique industry in that those companies buy large tracts of land and subdivide them for sale, so land being used as inventory can boost the current assets portion of the current ratio.