Current Ratio
since 2008
Calculation
lululemon athletica inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| 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: 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
- Current Assets
- Current assets show a generally increasing trend over the analyzed periods from 2008 to 2025. Starting at 97,906 thousand US dollars in 2008, current assets increased consistently with some fluctuations, reaching a peak of 4,060,577 thousand US dollars in 2024. The increase is particularly notable between 2012 and 2024, suggesting expanding liquidity and resource availability over time. A slight decrease is observed from 2024 to 2025.
- Current Liabilities
- Current liabilities also exhibit a rising trend, growing from 35,822 thousand US dollars in 2008 to a peak of 1,839,630 thousand US dollars in 2025. The liabilities increased steadily but with accelerated growth seen particularly after 2016. This may imply increased short-term obligations, possibly due to expanded operations or increased debt levels.
- Current Ratio
- The current ratio, reflecting short-term liquidity and the ability to cover current liabilities with current assets, shows significant fluctuation. It began at 2.73 in 2008, peaked at 8.31 in 2014, indicating a very strong liquidity position, and then declined steadily afterward. From 2015, the ratio generally trended downward, reaching a low of 1.86 in 2022. It slightly recovered to 2.49 in 2024 but decreased again to 2.16 in 2025. Despite the decline since mid-period, the ratio has mostly remained above 1.8, indicating that current assets consistently exceed current liabilities, though the margin has tightened.
- Overall Insights
- The data indicates that both current assets and liabilities have increased substantially, reflecting growth in scale and operations over time. However, the declining current ratio since its peak in 2014 suggests that liabilities have grown at a faster pace relative to assets in recent years, signaling possible increased risk in liquidity or tighter working capital management. The company maintained healthy liquidity throughout the period but may face increased short-term funding pressures if the trend continues.
Comparison to Competitors
lululemon athletica inc., current ratio, long-term trends, comparison to competitors
| lululemon athletica inc. | Nike Inc. | |
|---|---|---|
| Feb 2, 2025 | 2.16 | — |
| 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: 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 2, 2025 | 2.16 | — |
| 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: 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 2, 2025 | 2.16 | — |
| 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 | 1.18 |
| 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: 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).