Macys Current Liabilities vs. Current Ratio

M -- USA Stock  

USD 38.96  1.26  3.34%

The Drivers Module shows relationships between Macys's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Macys over time as well as its relative position and ranking within its peers. Please see also Stocks Correlation

Macys Current Ratio vs. Current Liabilities Fundamental Analysis

Macys is rated below average in current liabilities category among related companies. It is regarded third in current ratio category among related companies . The ratio of Current Liabilities to Current Ratio for Macys is about  3,146,052,632 
Current Liabilities is company's short term debts. This usually includes obligations that are due within next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Macys 
Current Liabilities 
 = 
Payables 
Accrued Debt 
=
4.78 B
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Macys 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
=
1.52 times
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).

Macys Current Ratio Comparison

  Current Ratio 
      Macys Comparables 
Macys is currently under evaluation in current ratio category among related companies.
  Current Liabilities 
      Macys Comparables 
Macys is currently under evaluation in current liabilities category among related companies.
vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">