Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
GameStop Corp., liquidity ratios
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | GameStop Corp. current ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | GameStop Corp. quick ratio improved from 2020 to 2021 and from 2021 to 2022. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | GameStop Corp. cash ratio improved from 2020 to 2021 and from 2021 to 2022. |
Current Ratio
GameStop Corp., current ratio calculation, comparison to benchmarks
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Current assets | 2,598,800) | 1,551,200) | 1,633,700) | 3,127,700) | 2,538,700) | 2,140,700) | |
| Current liabilities | 1,354,700) | 1,342,700) | 1,237,700) | 2,181,100) | 1,915,600) | 1,761,500) | |
| Liquidity Ratio | |||||||
| Current ratio1 | 1.92 | 1.16 | 1.32 | 1.43 | 1.33 | 1.22 | |
| Benchmarks | |||||||
| Current Ratio, Competitors2 | |||||||
| Amazon.com Inc. | 0.94 | 1.14 | 1.05 | 1.10 | — | — | |
| Home Depot Inc. | 1.01 | 1.23 | 1.08 | 1.11 | — | — | |
| Lowe’s Cos. Inc. | 1.02 | 1.19 | 1.01 | 0.98 | — | — | |
| TJX Cos. Inc. | 1.27 | 1.46 | 1.24 | 1.53 | — | — | |
| Current Ratio, Sector | |||||||
| Consumer Discretionary Distribution & Retail | 0.98 | 1.17 | 1.06 | 1.10 | — | — | |
| Current Ratio, Industry | |||||||
| Consumer Discretionary | 1.14 | 1.24 | 1.18 | 1.08 | — | — | |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 2,598,800 ÷ 1,354,700 = 1.92
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. | GameStop Corp. current ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Quick Ratio
GameStop Corp., quick ratio calculation, comparison to benchmarks
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Cash and cash equivalents | 1,271,400) | 508,500) | 499,400) | 1,624,400) | 864,400) | 669,400) | |
| Restricted cash | 33,100) | 110,000) | 300) | —) | —) | —) | |
| Receivables, net of allowances | 141,100) | 105,300) | 141,900) | 134,200) | 182,700) | 220,900) | |
| Total quick assets | 1,445,600) | 723,800) | 641,600) | 1,758,600) | 1,047,100) | 890,300) | |
| Current liabilities | 1,354,700) | 1,342,700) | 1,237,700) | 2,181,100) | 1,915,600) | 1,761,500) | |
| Liquidity Ratio | |||||||
| Quick ratio1 | 1.07 | 0.54 | 0.52 | 0.81 | 0.55 | 0.51 | |
| Benchmarks | |||||||
| Quick Ratio, Competitors2 | |||||||
| Amazon.com Inc. | 0.69 | 0.86 | 0.83 | 0.83 | — | — | |
| Home Depot Inc. | 0.20 | 0.47 | 0.23 | 0.22 | — | — | |
| Lowe’s Cos. Inc. | 0.07 | 0.28 | 0.06 | 0.05 | — | — | |
| TJX Cos. Inc. | 0.64 | 1.01 | 0.50 | 0.61 | — | — | |
| Quick Ratio, Sector | |||||||
| Consumer Discretionary Distribution & Retail | 0.57 | 0.77 | 0.68 | 0.65 | — | — | |
| Quick Ratio, Industry | |||||||
| Consumer Discretionary | 0.81 | 0.92 | 0.89 | 0.77 | — | — | |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 1,445,600 ÷ 1,354,700 = 1.07
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. | GameStop Corp. quick ratio improved from 2020 to 2021 and from 2021 to 2022. |
Cash Ratio
GameStop Corp., cash ratio calculation, comparison to benchmarks
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Cash and cash equivalents | 1,271,400) | 508,500) | 499,400) | 1,624,400) | 864,400) | 669,400) | |
| Restricted cash | 33,100) | 110,000) | 300) | —) | —) | —) | |
| Total cash assets | 1,304,500) | 618,500) | 499,700) | 1,624,400) | 864,400) | 669,400) | |
| Current liabilities | 1,354,700) | 1,342,700) | 1,237,700) | 2,181,100) | 1,915,600) | 1,761,500) | |
| Liquidity Ratio | |||||||
| Cash ratio1 | 0.96 | 0.46 | 0.40 | 0.74 | 0.45 | 0.38 | |
| Benchmarks | |||||||
| Cash Ratio, Competitors2 | |||||||
| Amazon.com Inc. | 0.45 | 0.68 | 0.67 | 0.63 | — | — | |
| Home Depot Inc. | 0.08 | 0.34 | 0.12 | 0.11 | — | — | |
| Lowe’s Cos. Inc. | 0.07 | 0.28 | 0.06 | 0.05 | — | — | |
| TJX Cos. Inc. | 0.59 | 0.97 | 0.45 | 0.55 | — | — | |
| Cash Ratio, Sector | |||||||
| Consumer Discretionary Distribution & Retail | 0.37 | 0.61 | 0.54 | 0.49 | — | — | |
| Cash Ratio, Industry | |||||||
| Consumer Discretionary | 0.55 | 0.71 | 0.70 | 0.56 | — | — | |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,304,500 ÷ 1,354,700 = 0.96
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. | GameStop Corp. cash ratio improved from 2020 to 2021 and from 2021 to 2022. |