Bath & Body Works Inc. (BBWI)
Cash ratio
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,084,000 | 412,000 | 790,000 | 1,046,000 | 1,232,000 | 295,000 | 452,000 | 651,000 | 1,979,000 | 1,441,000 | 1,695,000 | 2,475,000 | 3,568,000 | 2,433,000 | 2,611,000 | 957,000 | 1,499,000 | 340,000 | 853,000 | 1,146,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | 293,000 | — | 335,000 | 189,000 | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,289,000 | 1,409,000 | 1,213,000 | 1,277,000 | 1,379,000 | 1,452,000 | 1,258,000 | 1,240,000 | 1,290,000 | 1,435,000 | 2,625,000 | 2,680,000 | 2,826,000 | 3,330,000 | 3,433,000 | 2,683,000 | 2,372,000 | 2,543,000 | 2,216,000 | 2,197,000 |
| Cash ratio | 0.84 | 0.29 | 0.65 | 0.82 | 0.89 | 0.20 | 0.36 | 0.52 | 1.53 | 1.00 | 0.76 | 0.92 | 1.38 | 0.79 | 0.76 | 0.36 | 0.63 | 0.13 | 0.38 | 0.52 |
February 3, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,084,000K
+ $—K)
÷ $1,289,000K
= 0.84
The cash ratio of Bath & Body Works Inc. has shown fluctuations over the past several quarters. The cash ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents.
The trend in the cash ratio indicates the company's liquidity position. An increasing trend in the cash ratio suggests that Bath & Body Works Inc. is improving its ability to cover its short-term obligations solely with its available cash. Conversely, a decreasing trend could signal potential liquidity challenges.
The cash ratio was relatively high at 1.53 in January 2022, indicating a strong ability to cover its short-term liabilities with cash on hand. However, it decreased to 0.13 in August 2019, reflecting a lower level of liquidity at that time.
Overall, Bath & Body Works Inc. should aim to maintain a healthy cash ratio to ensure it can meet its short-term obligations and operate effectively.
Peer comparison
Feb 3, 2024