Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
lululemon athletica inc., liquidity ratios
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).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | lululemon athletica inc. current ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | lululemon athletica inc. quick ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | lululemon athletica inc. cash ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025. |
Current Ratio
lululemon athletica inc., current ratio calculation, comparison to benchmarks
| Feb 2, 2025 | Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Current assets | 3,980,302) | 4,060,577) | 3,159,453) | 2,614,853) | 2,124,379) | 1,807,938) | |
| Current liabilities | 1,839,630) | 1,631,261) | 1,492,198) | 1,405,334) | 883,178) | 620,418) | |
| Liquidity Ratio | |||||||
| Current ratio1 | 2.16 | 2.49 | 2.12 | 1.86 | 2.41 | 2.91 | |
| Benchmarks | |||||||
| Current Ratio, Competitors2 | |||||||
| Nike Inc. | — | 2.40 | 2.72 | 2.63 | 2.72 | 2.48 | |
| Current Ratio, Sector | |||||||
| Consumer Durables & Apparel | — | 2.41 | 2.64 | 2.54 | 2.69 | 2.51 | |
| Current Ratio, Industry | |||||||
| Consumer Discretionary | — | 1.22 | 1.20 | 1.15 | 1.25 | 1.18 | |
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).
1 2025 Calculation
Current ratio = Current assets ÷ Current liabilities
= 3,980,302 ÷ 1,839,630 = 2.16
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. | lululemon athletica inc. current ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |
Quick Ratio
lululemon athletica inc., quick ratio calculation, comparison to benchmarks
| Feb 2, 2025 | Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Cash and cash equivalents | 1,984,336) | 2,243,971) | 1,154,867) | 1,259,871) | 1,150,517) | 1,093,505) | |
| Accounts receivable, net | 120,173) | 124,769) | 132,906) | 77,001) | 62,399) | 40,219) | |
| Total quick assets | 2,104,509) | 2,368,740) | 1,287,773) | 1,336,872) | 1,212,916) | 1,133,724) | |
| Current liabilities | 1,839,630) | 1,631,261) | 1,492,198) | 1,405,334) | 883,178) | 620,418) | |
| Liquidity Ratio | |||||||
| Quick ratio1 | 1.14 | 1.45 | 0.86 | 0.95 | 1.37 | 1.83 | |
| Benchmarks | |||||||
| Quick Ratio, Competitors2 | |||||||
| Nike Inc. | — | 1.51 | 1.60 | 1.65 | 1.85 | 1.39 | |
| Quick Ratio, Sector | |||||||
| Consumer Durables & Apparel | — | 1.50 | 1.50 | 1.57 | 1.81 | 1.42 | |
| Quick Ratio, Industry | |||||||
| Consumer Discretionary | — | 0.90 | 0.85 | 0.81 | 0.92 | 0.88 | |
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).
1 2025 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 2,104,509 ÷ 1,839,630 = 1.14
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. | lululemon athletica inc. quick ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |
Cash Ratio
lululemon athletica inc., cash ratio calculation, comparison to benchmarks
| Feb 2, 2025 | Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Cash and cash equivalents | 1,984,336) | 2,243,971) | 1,154,867) | 1,259,871) | 1,150,517) | 1,093,505) | |
| Total cash assets | 1,984,336) | 2,243,971) | 1,154,867) | 1,259,871) | 1,150,517) | 1,093,505) | |
| Current liabilities | 1,839,630) | 1,631,261) | 1,492,198) | 1,405,334) | 883,178) | 620,418) | |
| Liquidity Ratio | |||||||
| Cash ratio1 | 1.08 | 1.38 | 0.77 | 0.90 | 1.30 | 1.76 | |
| Benchmarks | |||||||
| Cash Ratio, Competitors2 | |||||||
| Nike Inc. | — | 1.09 | 1.15 | 1.21 | 1.39 | 1.06 | |
| Cash Ratio, Sector | |||||||
| Consumer Durables & Apparel | — | 1.13 | 1.10 | 1.17 | 1.39 | 1.11 | |
| Cash Ratio, Industry | |||||||
| Consumer Discretionary | — | 0.51 | 0.48 | 0.47 | 0.63 | 0.58 | |
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).
1 2025 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,984,336 ÷ 1,839,630 = 1.08
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. | lululemon athletica inc. cash ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025. |