Bath & Body Works Inc. (BBWI)
Cash ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 674,000 | 191,000 | 514,000 | 855,000 | 1,084,000 | 1,084,000 | 412,000 | 412,000 | 790,000 | 790,000 | 1,046,000 | 1,046,000 | 1,232,000 | 1,232,000 | 295,000 | 295,000 | 452,000 | 452,000 | 651,000 | 1,979,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,231,000 | 1,575,000 | 1,497,000 | 1,221,000 | 1,289,000 | 1,289,000 | 1,409,000 | 1,409,000 | 1,213,000 | 1,213,000 | 1,277,000 | 1,277,000 | 1,379,000 | 1,379,000 | 1,452,000 | 1,452,000 | 1,258,000 | 1,258,000 | 1,240,000 | 1,290,000 |
| Cash ratio | 0.55 | 0.12 | 0.34 | 0.70 | 0.84 | 0.84 | 0.29 | 0.29 | 0.65 | 0.65 | 0.82 | 0.82 | 0.89 | 0.89 | 0.20 | 0.20 | 0.36 | 0.36 | 0.52 | 1.53 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($674,000K
+ $—K)
÷ $1,231,000K
= 0.55
The cash ratio of Bath & Body Works Inc. has fluctuated over the past few years based on the data provided. The cash ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio indicates a stronger liquidity position.
As of January 31, 2022, the cash ratio was 1.53, indicating that Bath & Body Works had $1.53 in cash and cash equivalents for every dollar of its current liabilities. This suggests a healthy liquidity position at the beginning of the period.
However, the cash ratio decreased significantly by October 31, 2024, to 0.12. This sharp decline could be a red flag, as it may indicate potential liquidity issues or difficulty in meeting short-term obligations with available cash.
Throughout the period, the cash ratio experienced fluctuations, showing both improvements and deteriorations in the company's liquidity position. It is important for Bath & Body Works to closely monitor its cash ratio and ensure it maintains a healthy level of liquidity to meet its short-term obligations efficiently.
Peer comparison
Jan 31, 2025