Citi Trends, Inc. (CTRN) Balance Sheet
CTRN balance sheet, FY2026
January 31, 2026 · U.S. dollars$471.2M assets = $354.9M liabilities + $116.3M equity
Both columns are drawn to the same scale: what CTRN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CTRN financial health
Current ratio1.11
Adequate · current assets cover current liabilities 1.11×
Debt / equity1.92
High leverage · $1.92 of debt for each $1 of equity
Equity / assets24.7%
Balanced · of assets funded by shareholders
Cash / debt29.6%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
CTRN balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $332.5MFY2017 | $471.2MFY2026 | +3.9%/yr | |
| Total liabilities | $108.9MFY2017 | $354.9MFY2026 | +14.0%/yr | |
| Shareholders’ equity | $223.6MFY2017 | $116.3MFY2026 | −7.0%/yr | |
| Cash & short-term investments | $87.3MFY2017 | $66.1MFY2026 | −3.0%/yr | |
| Total debt | −$471,000FY2017 | $223.3MFY2026 | — | |
| Net cash (debt) | $87.8MFY2017 | −$157.2MFY2026 | −$245.0M | |
| Working capital | $136.9MFY2017 | $19.6MFY2026 | −$117.3M | |
| Book value per share | $15.25FY2017 | $14.01FY2026 | −0.9%/yr | |
| Current ratio | 2.36FY2017 | 1.11FY2026 | −1.25 | |
| Debt / equity | −0.00FY2017 | 1.92FY2026 | +1.92 | |
| Shares outstanding | 14.7MFY2017 | 8.3MFY2026 | −6.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CTRN assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
CTRN liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
CTRN debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CTRN balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $66.1M | $61.1M | $79.7M | $103.5M | $49.8M | $123.2M | $47.5M | $68.2M | $80.0M | $87.3M |
| Cash & equivalents | $66.1M | $61.1M | $79.7M | $103.5M | $49.8M | $123.2M | $19.9M | $17.9M | $48.5M | $49.3M |
| Short-term investments | — | — | — | — | — | $0 | $27.6M | $50.4M | $31.5M | $38.0M |
| Receivables | $1.2M | $3.1M | $4.1M | $615,000 | $4.0M | −$17.3M | $1.2M | −$17.3M | −$15.7M | $1.6M |
| Inventory | $113.5M | $122.6M | $130.4M | $105.8M | $123.8M | $103.8M | $138.3M | $139.8M | $137.7M | $134.6M |
| Other current assets | $12.3M | $10.2M | $10.8M | $13.0M | $15.0M | $34.7M | $14.3M | $34.9M | $31.4M | $13.7M |
| Total current assets | $193.0M | $197.1M | $225.1M | $222.9M | $192.6M | $244.4M | $201.2M | $225.6M | $233.3M | $237.3M |
| Property, plant & equipment (net) | $276.2M | $264.9M | $287.5M | $317.3M | $277.1M | $243.2M | $234.8M | $56.2M | $61.8M | $59.3M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $15.7M | $8.9M | $25.5M | $26.7M |
| Other non-current assets | $2.0M | $846,000 | $6.1M | $4.1M | $4.3M | $7.0M | $7.4M | $7.3M | $6.5M | $9.2M |
| Total assets | $471.2M | $462.8M | $518.7M | $544.3M | $474.0M | $494.6M | $459.1M | $298.0M | $327.1M | $332.5M |
| Liabilities | ||||||||||
| Accounts payable | $100.7M | $102.5M | $100.4M | $80.7M | $98.9M | $84.8M | $79.6M | $73.4M | $75.9M | $75.4M |
| Short-term debt | $44.4M | $47.7M | $45.8M | $52.7M | $47.8M | $47.0M | $42.9M | −$526,000 | −$532,000 | −$471,000 |
| Deferred revenue | $383,000 | $388,000 | $384,000 | $344,000 | $364,000 | $500,000 | $27.8M | $526,000 | $532,000 | $471,000 |
| Total current liabilities | $173.4M | $174.4M | $169.9M | $160.6M | $187.5M | $182.8M | $150.9M | $102.4M | $109.2M | $100.4M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $223.3M | $220.4M | $234.7M | $267.6M | $216.1M | $192.8M | $178.3M | — | — | — |
| Other long-term liabilities | $181.4M | $175.2M | $191.1M | $217.3M | $170.4M | $148.1M | $137.2M | $8.2M | $8.4M | $8.5M |
| Total liabilities | $354.9M | $349.6M | $361.0M | $377.8M | $357.9M | $331.0M | $288.1M | $110.6M | $117.6M | $108.9M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $163,000 | $162,000 | $160,000 | $160,000 | $159,000 | $158,000 | $157,000 | $157,000 | $156,000 | $155,000 |
| Retained earnings (deficit) | $281.1M | $275.9M | $319.1M | $331.1M | $272.2M | $209.9M | $186.8M | $176.1M | $158.9M | $148.6M |
| Treasury stock | — | — | — | — | — | — | −$109.1M | −$80.6M | −$40.2M | −$15.2M |
| Accumulated other comprehensive income | — | — | — | — | — | — | −$262.6M | −$246.0M | −$229.7M | −$212.7M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $116.3M | $113.2M | $157.7M | $166.4M | $116.1M | $163.6M | $171.0M | $187.4M | $209.5M | $223.6M |
| Key figures | ||||||||||
| Total debt | $223.3M | $220.4M | $234.7M | $267.6M | $216.1M | $192.8M | $313.6M | −$526,000 | −$532,000 | −$471,000 |
| Net cash (debt) | −$157.2M | −$159.3M | −$154.9M | −$164.1M | −$166.3M | −$69.6M | −$266.1M | $68.7M | $80.5M | $87.8M |
| Working capital | $19.6M | $22.7M | $55.2M | $62.3M | $5.1M | $61.6M | $50.3M | $123.2M | $124.2M | $136.9M |
| Tangible book value | $116.3M | $113.2M | $157.7M | $166.4M | $116.1M | $163.6M | $171.0M | $187.4M | $209.5M | $223.6M |
| Book value per share | $14.01 | $13.61 | $19.18 | $20.26 | $12.89 | $15.85 | $14.62 | $14.34 | $14.84 | $15.25 |
| Shares outstanding | 8.3M | 8.3M | 8.2M | 8.2M | 9.0M | 10.3M | 11.7M | 13.1M | 14.1M | 14.7M |
| Current ratio | 1.11 | 1.13 | 1.32 | 1.39 | 1.03 | 1.34 | 1.33 | 2.20 | 2.14 | 2.36 |
| Quick ratio | 0.39 | 0.37 | 0.49 | 0.65 | 0.29 | 0.58 | 0.32 | 0.50 | 0.59 | 0.89 |
| Debt / equity | 1.92 | 1.95 | 1.49 | 1.61 | 1.86 | 1.18 | 1.83 | −0.00 | −0.00 | −0.00 |
| Equity / assets | 24.7% | 24.5% | 30.4% | 30.6% | 24.5% | 33.1% | 37.3% | 62.9% | 64.0% | 67.2% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $55.9M | $81.1M | $66.1M | $51.1M | $50.4M | $41.6M | $61.1M | $38.9M | $59.3M | $58.2M | $79.7M | $59.7M |
| Cash & equivalents | $55.9M | $81.1M | $66.1M | $51.1M | $50.4M | $41.6M | $61.1M | $38.9M | $59.3M | $58.2M | $79.7M | $59.7M |
| Receivables | $1.2M | $522,000 | $1.2M | $1.4M | $1.6M | $3.1M | $3.1M | $3.6M | $3.9M | $3.8M | $4.1M | $3.3M |
| Inventory | $126.4M | $115.2M | $113.5M | $123.5M | $117.6M | $109.9M | $122.6M | $127.5M | $135.0M | $119.0M | $130.4M | $129.7M |
| Other current assets | $19.8M | $16.1M | $12.3M | $16.1M | $19.6M | $14.0M | $10.2M | $13.1M | $16.9M | $14.0M | $10.8M | $11.3M |
| Total current assets | $203.3M | $213.0M | $193.0M | $192.1M | $189.2M | $168.6M | $197.1M | $183.1M | $215.1M | $195.0M | $225.1M | $204.0M |
| Property, plant & equipment (net) | $326.0M | $325.5M | $276.2M | $270.3M | $266.9M | $267.5M | $264.9M | $267.8M | $277.0M | $280.3M | $287.5M | $295.9M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $2.0M | $1.8M | $1.3M | $1.3M | $846,000 | $16.2M | $14.6M | $8.8M | $6.1M | $8.2M |
| Total assets | $487.0M | $496.2M | $471.2M | $464.3M | $457.4M | $437.4M | $462.8M | $467.1M | $506.7M | $484.1M | $518.7M | $508.2M |
| Liabilities | ||||||||||||
| Accounts payable | $106,205 | $113.2M | $100.7M | $98.0M | $96.2M | $80.9M | $102.5M | $82.8M | $110.5M | $72.3M | $100.4M | $83.4M |
| Short-term debt | $44.5M | $44.0M | $44.4M | $43.6M | $43.3M | $44.6M | $47.7M | $49.4M | $49.1M | $45.4M | $45.8M | $46.5M |
| Deferred revenue | — | $1.0M | $383,000 | $2.0M | $1.3M | $908,000 | $388,000 | $1.5M | $1.1M | $843,000 | $384,000 | $1.3M |
| Total current liabilities | $179.5M | $186.0M | $173.4M | $179.8M | $167.4M | $150.5M | $174.4M | $159.6M | $185.5M | $143.0M | $169.9M | $156.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $224.8M | $226.5M | $223.3M | $218.0M | $217.5M | $220.4M | $220.4M | $225.2M | $231.9M | $229.9M | $234.7M | $243.4M |
| Other long-term liabilities | $182.9M | $184.9M | $181.4M | $176.6M | $176.8M | $178.4M | $175.2M | $177.2M | $184.7M | $186.3M | $191.1M | $199.0M |
| Total liabilities | $362.4M | $370.8M | $354.9M | $356.4M | $344.2M | $328.8M | $349.6M | $336.8M | $370.1M | $329.3M | $361.0M | $355.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $164,000 | $163,000 | $163,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $161,000 | $160,000 | $160,000 |
| Retained earnings (deficit) | $287.9M | $288.9M | $281.1M | $273.7M | $280.6M | $276.8M | $275.9M | $290.1M | $297.2M | $315.6M | $319.1M | $315.5M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | — | — | $0 |
| Total shareholders' equity | $124.6M | $125.3M | $116.3M | $107.8M | $113.2M | $108.6M | $113.2M | $130.3M | $136.6M | $154.8M | $157.7M | $153.1M |
| Key figures | ||||||||||||
| Total debt | $224.8M | $226.5M | $223.3M | $218.0M | $217.5M | $220.4M | $220.4M | $225.2M | $231.9M | $229.9M | $234.7M | $243.4M |
| Net cash (debt) | −$169.0M | −$145.4M | −$157.2M | −$166.9M | −$167.1M | −$178.8M | −$159.3M | −$186.3M | −$172.6M | −$171.7M | −$154.9M | −$183.6M |
| Working capital | $23.8M | $27.0M | $19.6M | $12.2M | $21.8M | $18.1M | $22.7M | $23.5M | $29.6M | $52.0M | $55.2M | $47.9M |
| Tangible book value | $124.6M | $125.3M | $116.3M | $107.8M | $113.2M | $108.6M | $113.2M | $130.3M | $136.6M | $154.8M | $157.7M | $153.1M |
| Book value per share | $14.69 | $14.77 | $13.83 | $13.40 | $13.62 | $13.29 | $13.61 | $15.59 | $16.38 | $18.76 | $18.82 | $18.58 |
| Shares outstanding | 8.5M | 8.5M | 8.4M | 8.1M | 8.3M | 8.2M | 8.3M | 8.4M | 8.3M | 8.3M | 8.4M | 8.2M |
| Current ratio | 1.13 | 1.15 | 1.11 | 1.07 | 1.13 | 1.12 | 1.13 | 1.15 | 1.16 | 1.36 | 1.32 | 1.31 |
| Quick ratio | 0.32 | 0.44 | 0.39 | 0.29 | 0.31 | 0.30 | 0.37 | 0.27 | 0.34 | 0.43 | 0.49 | 0.40 |
| Debt / equity | 1.80 | 1.81 | 1.92 | 2.02 | 1.92 | 2.03 | 1.95 | 1.73 | 1.70 | 1.48 | 1.49 | 1.59 |
| Equity / assets | 25.6% | 25.3% | 24.7% | 23.2% | 24.8% | 24.8% | 24.5% | 27.9% | 27.0% | 32.0% | 30.4% | 30.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 15, 2026); data from EODHD.
CTRN financial position
At the end of fiscal 2026 (January 31, 2026), Citi Trends had total assets of $471.2 million (up 1.8% from a year earlier), total liabilities of $354.9 million and shareholders' equity of $116.3 million. It held $66.1 million in cash and short-term investments against $223.3 million of debt, net debt of $157.2 million. Its current ratio was 1.11. In the latest quarter (ended July 31, 2026) total assets were $487.0 million and equity $124.6 million.
Related: CTRN income statement, CTRN cash flow statement, CTRN key metrics. See the CTRN stock overview for the latest quote and news.
CTRN balance sheet FAQ
What are Citi Trends's total assets?
Citi Trends reported total assets of $471.2 million at the end of fiscal 2026 (January 31, 2026), compared with $462.8 million a year earlier.
How much debt does Citi Trends have?
Citi Trends had $223.3 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.92.
How much cash does Citi Trends have?
Citi Trends held $66.1 million in cash and short-term investments at the end of fiscal 2026; with $223.3 million of debt that is net debt of $157.2 million.
What is Citi Trends's book value?
Citi Trends's shareholders' equity (book value) was $116.3 million at the end of fiscal 2026, or $14.01 per share.
What is Citi Trends's current ratio?
Citi Trends had current assets of $193.0 million and current liabilities of $173.4 million, a current ratio of 1.11 (it can cover its short-term obligations).