As of June 13, 2025, Genesco Inc (GCO) reports a Current Ratio of 1.60.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Genesco Inc's Current Ratio
Over recent years, Genesco Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2025-02-01 | 1.60 |
| 2024-02-03 | 1.59 |
| 2023-01-28 | 1.59 |
| 2022-01-29 | 1.64 |
| 2021-01-30 | 1.66 |
This slight downward trend highlights how Genesco Inc manages its short-term assets and liabilities over time.
Comparing Genesco Inc's Current Ratio to Peers
To better understand Genesco Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Genesco Inc (GCO) | 1.60 |
| Shoe Carnival Inc (SCVL) | 4.11 |
| Boot Barn Holdings Inc (BOOT) | 2.45 |
| Zumiez Inc (ZUMZ) | 2.07 |
| Buckle Inc (BKE) | 2.05 |
| Guess? Inc (GES) | 1.50 |
Compared to its competitors, Genesco Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.