Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Walmart Inc., liquidity ratios
Based on: 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Walmart Inc. current ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Walmart Inc. 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. | Walmart Inc. cash ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Current Ratio
Walmart Inc., current ratio calculation, comparison to benchmarks
| Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 | Jan 31, 2017 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Current assets | 81,070 | 90,067 | 61,806 | 61,897 | 59,664 | 57,689 | |
| Current liabilities | 87,379 | 92,645 | 77,790 | 77,477 | 78,521 | 66,928 | |
| Liquidity Ratio | |||||||
| Current ratio1 | 0.93 | 0.97 | 0.79 | 0.80 | 0.76 | 0.86 | |
| Benchmarks | |||||||
| Current Ratio, Competitors2 | |||||||
| Costco Wholesale Corp. | — | 1.00 | 1.13 | 1.01 | 1.02 | 0.99 | |
| Current Ratio, Sector | |||||||
| Food & Staples Retailing | — | 0.98 | 0.88 | 0.85 | 0.81 | 0.89 | |
| Current Ratio, Industry | |||||||
| Consumer Staples | — | 0.91 | 0.91 | 0.81 | 0.80 | 1.01 | |
Based on: 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31).
1 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 81,070 ÷ 87,379 = 0.93
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. | Walmart Inc. current ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Quick Ratio
Walmart Inc., quick ratio calculation, comparison to benchmarks
| Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 | Jan 31, 2017 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Cash and cash equivalents | 14,760 | 17,741 | 9,465 | 7,722 | 6,756 | 6,867 | |
| Receivables, net | 8,280 | 6,516 | 6,284 | 6,283 | 5,614 | 5,835 | |
| Total quick assets | 23,040 | 24,257 | 15,749 | 14,005 | 12,370 | 12,702 | |
| Current liabilities | 87,379 | 92,645 | 77,790 | 77,477 | 78,521 | 66,928 | |
| Liquidity Ratio | |||||||
| Quick ratio1 | 0.26 | 0.26 | 0.20 | 0.18 | 0.16 | 0.19 | |
| Benchmarks | |||||||
| Quick Ratio, Competitors2 | |||||||
| Costco Wholesale Corp. | — | 0.47 | 0.60 | 0.47 | 0.45 | 0.41 | |
| Quick Ratio, Sector | |||||||
| Food & Staples Retailing | — | 0.31 | 0.30 | 0.25 | 0.22 | 0.24 | |
| Quick Ratio, Industry | |||||||
| Consumer Staples | — | 0.43 | 0.49 | 0.39 | 0.39 | 0.54 | |
Based on: 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31).
1 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 23,040 ÷ 87,379 = 0.26
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. | Walmart Inc. quick ratio improved from 2020 to 2021 and from 2021 to 2022. |
Cash Ratio
Walmart Inc., cash ratio calculation, comparison to benchmarks
| Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 | Jan 31, 2017 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Cash and cash equivalents | 14,760 | 17,741 | 9,465 | 7,722 | 6,756 | 6,867 | |
| Total cash assets | 14,760 | 17,741 | 9,465 | 7,722 | 6,756 | 6,867 | |
| Current liabilities | 87,379 | 92,645 | 77,790 | 77,477 | 78,521 | 66,928 | |
| Liquidity Ratio | |||||||
| Cash ratio1 | 0.17 | 0.19 | 0.12 | 0.10 | 0.09 | 0.10 | |
| Benchmarks | |||||||
| Cash Ratio, Competitors2 | |||||||
| Costco Wholesale Corp. | — | 0.41 | 0.54 | 0.41 | 0.36 | 0.33 | |
| Cash Ratio, Sector | |||||||
| Food & Staples Retailing | — | 0.25 | 0.22 | 0.17 | 0.14 | 0.15 | |
| Cash Ratio, Industry | |||||||
| Consumer Staples | — | 0.29 | 0.35 | 0.25 | 0.27 | 0.39 | |
Based on: 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31).
1 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 14,760 ÷ 87,379 = 0.17
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. | Walmart Inc. cash ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |