Macys Current Ratio vs. Total Debt

M -- USA Stock  

USD 38.88  0.44  1.12%

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 Total Debt vs. Current Ratio Fundamental Analysis

Macys is rated below average in current ratio category among related companies. It is regarded third in total debt category among related companies making up about  3,868,421,053  of Total Debt 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).
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principle payments will eventually prevent the firm from borrow excessively.
Macys 
Total Debt 
 = 
Bonds 
+  
Notes 
=
5.88 B
In most industries, total debt may also include current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meaningful to compare total debt amounts between companies that operate within the same sector.

Total Debt

Macys Total Debt Analysis
Macys is regarded third in total debt category among related companies. Total debt of Diversified Wholesale And Retail industry is now estimated at about 48.67 Billion. Macys retains roughly 5.88 Billion in total debt claiming about 12% of equities under Diversified Wholesale And Retail industry.
Total debt  Revenue  Workforce  Capitalization  Valuation
  Current Ratio 
      Macys Comparables 
Macys is rated below average in current ratio category among related companies.