Macys Current Ratio vs. Current Liabilities

M -- USA Stock  

USD 36.95  0.56  1.54%

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Macys Current Liabilities vs. Current Ratio Fundamental Analysis

Macys is rated below average in current ratio category among related companies. It is rated below average in current liabilities category among related companies creating about  3,146,052,632  of Current Liabilities per Current Ratio.
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).
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.

Macys Current Liabilities Comparison

  Current Liabilities 
      Macys Comparables 
Macys is rated below average in current liabilities category among related companies.
  Current Ratio 
      Macys Comparables 
Macys is rated below average in current ratio category among related companies.