Macys Current Ratio vs. Return On Equity

Macys Inc -- USA Stock  

USD 19.89  0.31  1.53%

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 Inc over time as well as its relative position and ranking within its peers. Please see also Stocks Correlation

Macys Inc Return On Equity vs. Current Ratio Fundamental Analysis

Macys Inc is regarded fifth in current ratio category among related companies. It is rated below average in return on equity category among related companies reporting about  11.19  of Return On Equity 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 
=
1.42 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).
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how effecently a company utilizes investments to generate income.
Macys 
Return on Equity 
 = 
Net Income 
Total Equity 
X
100 
=
15.89 %
For most industries Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Comparison

Return On Equity Comparison
Macys is regarded fifth in return on equity category among related companies.
  Current Ratio 
      Macys Comparables 
Macys is regarded third in current ratio category among related companies.
Macys, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. more
NameMacys Inc
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00794367.0
ISINUS55616P1049
CUSIP55616P104
CurrencyUSD - US Dollar
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