Current Ratio
since 2008
Calculation
lululemon athletica inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Feb 1, 2026 | 2.26 | = | 4,262,701) | ÷ | 1,887,548) |
| Feb 2, 2025 | 2.16 | = | 3,980,302) | ÷ | 1,839,630) |
| Jan 28, 2024 | 2.49 | = | 4,060,577) | ÷ | 1,631,261) |
| Jan 29, 2023 | 2.12 | = | 3,159,453) | ÷ | 1,492,198) |
| Jan 30, 2022 | 1.86 | = | 2,614,853) | ÷ | 1,405,334) |
| Jan 31, 2021 | 2.41 | = | 2,124,379) | ÷ | 883,178) |
| Feb 2, 2020 | 2.91 | = | 1,807,938) | ÷ | 620,418) |
| Feb 3, 2019 | 2.86 | = | 1,429,282) | ÷ | 500,477) |
| Jan 28, 2018 | 4.91 | = | 1,436,282) | ÷ | 292,598) |
| Jan 29, 2017 | 4.82 | = | 1,162,737) | ÷ | 241,449) |
| Jan 31, 2016 | 4.07 | = | 917,039) | ÷ | 225,504) |
| Feb 1, 2015 | 5.95 | = | 951,012) | ÷ | 159,881) |
| Feb 2, 2014 | 8.31 | = | 942,839) | ÷ | 113,514) |
| Feb 3, 2013 | 5.90 | = | 787,053) | ÷ | 133,357) |
| Jan 29, 2012 | 5.10 | = | 527,093) | ÷ | 103,439) |
| Jan 30, 2011 | 4.56 | = | 389,279) | ÷ | 85,364) |
| Jan 31, 2010 | 3.69 | = | 216,410) | ÷ | 58,678) |
| Feb 1, 2009 | 2.58 | = | 116,988) | ÷ | 45,335) |
| Feb 3, 2008 | 2.73 | = | 97,906) | ÷ | 35,822) |
Based on: 10-K (reporting date: 2026-02-01), 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-02-01), 10-K (reporting date: 2014-02-02), 10-K (reporting date: 2013-02-03), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-02-01), 10-K (reporting date: 2008-02-03).
1 US$ in thousands
The current ratio exhibited significant fluctuation over the observed period. Initially, the ratio demonstrated a moderate level, followed by a period of substantial improvement, and then a subsequent decline, stabilizing recently.
- Initial Period (2008-2012)
- From 2008 to 2012, the current ratio generally increased. Starting at 2.73, it rose to a peak of 5.10 in 2012. This indicates a strengthening of the company’s ability to cover its short-term liabilities with its short-term assets during this timeframe. The increase suggests improved liquidity management or a more conservative approach to working capital.
- Peak and Subsequent Decline (2013-2016)
- The ratio reached its highest point of 8.31 in 2013. However, a downward trend commenced in 2014, continuing through 2016, where it settled at 4.07. While remaining above 4.0, this decline suggests a potential shift in working capital strategy, possibly involving increased investment in current assets relative to current liabilities, or a more aggressive use of short-term financing.
- Fluctuation and Recent Stabilization (2017-2026)
- The period from 2017 to 2026 shows more volatility. The ratio fluctuated between 4.82 and 2.16. A notable decrease occurred between 2018 and 2019, falling to 2.86 and 2.91 respectively. Further decline was observed in 2020 and 2021, reaching a low of 2.41 and 1.86. A slight recovery occurred in 2022 and 2023, increasing to 2.12 and 2.49. The most recent values, for 2024, 2025, and 2026, are 2.16, 2.26, and 2.26 respectively, indicating a period of relative stabilization at a lower level than observed in the earlier years of the period.
- Overall Trend
- The overall trend reveals a transition from a strong and improving liquidity position to a more moderate and recently stabilized one. The fluctuations suggest potential changes in operational strategies or external economic factors impacting short-term asset and liability management. The recent stabilization around a ratio of 2.2 suggests a deliberate management choice or the impact of consistent operational conditions.
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Comparison to Competitors
lululemon athletica inc., current ratio, long-term trends, comparison to competitors
| lululemon athletica inc. | Nike Inc. | |
|---|---|---|
| Feb 1, 2026 | 2.26 | 1.96 |
| Feb 2, 2025 | 2.16 | 2.21 |
| Jan 28, 2024 | 2.49 | 2.40 |
| Jan 29, 2023 | 2.12 | 2.72 |
| Jan 30, 2022 | 1.86 | 2.63 |
| Jan 31, 2021 | 2.41 | 2.72 |
| Feb 2, 2020 | 2.91 | 2.48 |
| Feb 3, 2019 | 2.86 | 2.10 |
| Jan 28, 2018 | 4.91 | 2.51 |
| Jan 29, 2017 | 4.82 | 2.93 |
| Jan 31, 2016 | 4.07 | 2.80 |
| Feb 1, 2015 | 5.95 | 2.52 |
| Feb 2, 2014 | 8.31 | 2.72 |
| Feb 3, 2013 | 5.90 | 3.47 |
| Jan 29, 2012 | 5.10 | 2.98 |
| Jan 30, 2011 | 4.56 | 2.85 |
| Jan 31, 2010 | 3.69 | 3.26 |
| Feb 1, 2009 | 2.58 | 2.97 |
| Feb 3, 2008 | 2.73 | 2.66 |
Based on: 10-K (reporting date: 2026-02-01), 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-02-01), 10-K (reporting date: 2014-02-02), 10-K (reporting date: 2013-02-03), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-02-01), 10-K (reporting date: 2008-02-03).
Comparison to Sector (Consumer Durables & Apparel)
lululemon athletica inc., current ratio, long-term trends, comparison to sector (consumer durables & apparel)
| lululemon athletica inc. | Consumer Durables & Apparel | |
|---|---|---|
| Feb 1, 2026 | 2.26 | — |
| Feb 2, 2025 | 2.16 | 2.20 |
| Jan 28, 2024 | 2.49 | 2.41 |
| Jan 29, 2023 | 2.12 | 2.64 |
| Jan 30, 2022 | 1.86 | 2.54 |
| Jan 31, 2021 | 2.41 | 2.69 |
| Feb 2, 2020 | 2.91 | 2.51 |
| Feb 3, 2019 | 2.86 | 2.15 |
| Jan 28, 2018 | 4.91 | 2.62 |
| Jan 29, 2017 | 4.82 | 3.01 |
| Jan 31, 2016 | 4.07 | 2.86 |
| Feb 1, 2015 | 5.95 | 2.61 |
| Feb 2, 2014 | 8.31 | 2.85 |
| Feb 3, 2013 | 5.90 | 3.55 |
| Jan 29, 2012 | 5.10 | 3.04 |
| Jan 30, 2011 | 4.56 | 2.89 |
| Jan 31, 2010 | 3.69 | 3.26 |
| Feb 1, 2009 | 2.58 | 2.97 |
| Feb 3, 2008 | 2.73 | 2.66 |
Based on: 10-K (reporting date: 2026-02-01), 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-02-01), 10-K (reporting date: 2014-02-02), 10-K (reporting date: 2013-02-03), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-02-01), 10-K (reporting date: 2008-02-03).
Comparison to Industry (Consumer Discretionary)
lululemon athletica inc., current ratio, long-term trends, comparison to industry (consumer discretionary)
| lululemon athletica inc. | Consumer Discretionary | |
|---|---|---|
| Feb 1, 2026 | 2.26 | — |
| Feb 2, 2025 | 2.16 | 1.18 |
| Jan 28, 2024 | 2.49 | 1.22 |
| Jan 29, 2023 | 2.12 | 1.20 |
| Jan 30, 2022 | 1.86 | 1.15 |
| Jan 31, 2021 | 2.41 | 1.25 |
| Feb 2, 2020 | 2.91 | 1.19 |
| Feb 3, 2019 | 2.86 | 1.10 |
| Jan 28, 2018 | 4.91 | 1.15 |
| Jan 29, 2017 | 4.82 | 1.15 |
| Jan 31, 2016 | 4.07 | 1.12 |
| Feb 1, 2015 | 5.95 | 1.25 |
| Feb 2, 2014 | 8.31 | 1.11 |
| Feb 3, 2013 | 5.90 | 1.15 |
| Jan 29, 2012 | 5.10 | 1.14 |
| Jan 30, 2011 | 4.56 | 1.31 |
| Jan 31, 2010 | 3.69 | 1.24 |
| Feb 1, 2009 | 2.58 | 1.25 |
| Feb 3, 2008 | 2.73 | 0.96 |
Based on: 10-K (reporting date: 2026-02-01), 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-02-01), 10-K (reporting date: 2014-02-02), 10-K (reporting date: 2013-02-03), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-02-01), 10-K (reporting date: 2008-02-03).