Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31).
Liquidity ratio | Description | The company |
---|---|---|
Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Lowe’s Cos. Inc. current ratio improved from 2023 to 2024 but then deteriorated significantly from 2024 to 2025. |
Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Lowe’s Cos. Inc. quick ratio deteriorated from 2023 to 2024 but then improved from 2024 to 2025 exceeding 2023 level. |
Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Lowe’s Cos. Inc. cash ratio deteriorated from 2023 to 2024 but then improved from 2024 to 2025 exceeding 2023 level. |
Current Ratio
Jan 31, 2025 | Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Current assets | 20,358) | 19,071) | 21,442) | 20,060) | 22,326) | 15,318) | |
Current liabilities | 18,757) | 15,568) | 19,511) | 19,668) | 18,730) | 15,182) | |
Liquidity Ratio | |||||||
Current ratio1 | 1.09 | 1.23 | 1.10 | 1.02 | 1.19 | 1.01 | |
Benchmarks | |||||||
Current Ratio, Competitors2 | |||||||
Amazon.com Inc. | — | 1.06 | 1.05 | 0.94 | 1.14 | 1.05 | |
Home Depot Inc. | 1.11 | 1.35 | 1.41 | 1.01 | 1.23 | 1.08 | |
TJX Cos. Inc. | — | 1.21 | 1.21 | 1.27 | 1.46 | 1.24 | |
Current Ratio, Sector | |||||||
Consumer Discretionary Distribution & Retail | — | 1.11 | 1.10 | 0.98 | 1.17 | 1.06 | |
Current Ratio, Industry | |||||||
Consumer Discretionary | — | 1.22 | 1.20 | 1.15 | 1.25 | 1.18 |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31).
1 2025 Calculation
Current ratio = Current assets ÷ Current liabilities
= 20,358 ÷ 18,757 = 1.09
2 Click competitor name to see calculations.
Liquidity ratio | Description | The company |
---|---|---|
Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Lowe’s Cos. Inc. current ratio improved from 2023 to 2024 but then deteriorated significantly from 2024 to 2025. |
Quick Ratio
Jan 31, 2025 | Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Cash and cash equivalents | 1,761) | 921) | 1,348) | 1,133) | 4,690) | 716) | |
Short-term investments | 372) | 307) | 384) | 271) | 506) | 160) | |
Accounts receivable | —) | —) | —) | —) | —) | —) | |
Total quick assets | 2,133) | 1,228) | 1,732) | 1,404) | 5,196) | 876) | |
Current liabilities | 18,757) | 15,568) | 19,511) | 19,668) | 18,730) | 15,182) | |
Liquidity Ratio | |||||||
Quick ratio1 | 0.11 | 0.08 | 0.09 | 0.07 | 0.28 | 0.06 | |
Benchmarks | |||||||
Quick Ratio, Competitors2 | |||||||
Amazon.com Inc. | — | 0.84 | 0.81 | 0.69 | 0.86 | 0.83 | |
Home Depot Inc. | 0.23 | 0.32 | 0.26 | 0.20 | 0.47 | 0.23 | |
TJX Cos. Inc. | — | 0.59 | 0.59 | 0.64 | 1.01 | 0.50 | |
Quick Ratio, Sector | |||||||
Consumer Discretionary Distribution & Retail | — | 0.73 | 0.68 | 0.57 | 0.77 | 0.68 | |
Quick Ratio, Industry | |||||||
Consumer Discretionary | — | 0.90 | 0.85 | 0.81 | 0.92 | 0.88 |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31).
1 2025 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 2,133 ÷ 18,757 = 0.11
2 Click competitor name to see calculations.
Liquidity ratio | Description | The company |
---|---|---|
Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Lowe’s Cos. Inc. quick ratio deteriorated from 2023 to 2024 but then improved from 2024 to 2025 exceeding 2023 level. |
Cash Ratio
Jan 31, 2025 | Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Cash and cash equivalents | 1,761) | 921) | 1,348) | 1,133) | 4,690) | 716) | |
Short-term investments | 372) | 307) | 384) | 271) | 506) | 160) | |
Total cash assets | 2,133) | 1,228) | 1,732) | 1,404) | 5,196) | 876) | |
Current liabilities | 18,757) | 15,568) | 19,511) | 19,668) | 18,730) | 15,182) | |
Liquidity Ratio | |||||||
Cash ratio1 | 0.11 | 0.08 | 0.09 | 0.07 | 0.28 | 0.06 | |
Benchmarks | |||||||
Cash Ratio, Competitors2 | |||||||
Amazon.com Inc. | — | 0.56 | 0.53 | 0.45 | 0.68 | 0.67 | |
Home Depot Inc. | 0.06 | 0.17 | 0.12 | 0.08 | 0.34 | 0.12 | |
TJX Cos. Inc. | — | 0.54 | 0.53 | 0.59 | 0.97 | 0.45 | |
Cash Ratio, Sector | |||||||
Consumer Discretionary Distribution & Retail | — | 0.49 | 0.44 | 0.37 | 0.61 | 0.54 | |
Cash Ratio, Industry | |||||||
Consumer Discretionary | — | 0.51 | 0.48 | 0.47 | 0.63 | 0.58 |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31).
1 2025 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 2,133 ÷ 18,757 = 0.11
2 Click competitor name to see calculations.
Liquidity ratio | Description | The company |
---|---|---|
Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Lowe’s Cos. Inc. cash ratio deteriorated from 2023 to 2024 but then improved from 2024 to 2025 exceeding 2023 level. |