Bath & Body Works Inc. (BBWI)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,115,000 | 1,959,000 | 1,893,000 | 2,080,000 | 2,266,000 | 1,948,000 | 1,754,000 | 1,752,000 | 3,009,000 | 2,985,000 | 4,514,000 | 4,612,000 | 5,579,000 | 4,927,000 | 4,505,000 | 2,849,000 | 3,245,000 | 2,926,000 | 2,653,000 | 2,947,000 |
| 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 |
| Current ratio | 1.64 | 1.39 | 1.56 | 1.63 | 1.64 | 1.34 | 1.39 | 1.41 | 2.33 | 2.08 | 1.72 | 1.72 | 1.97 | 1.48 | 1.31 | 1.06 | 1.37 | 1.15 | 1.20 | 1.34 |
February 3, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,115,000K ÷ $1,289,000K
= 1.64
The current ratio of Bath & Body Works Inc. has fluctuated over the past several quarters, ranging from a low of 1.06 to a high of 2.33. The current ratio measures the company's ability to cover its short-term obligations with its current assets. A current ratio above 1 indicates that the company has more current assets than current liabilities.
From the data provided, we can see that the current ratio has generally been above 1, which suggests that Bath & Body Works Inc. has been able to meet its short-term financial obligations. The ratio peaked at 2.33 in January 2022, indicating a strong ability to cover short-term liabilities with current assets. However, the ratio has also shown some variability, possibly indicating fluctuations in the company's liquidity position over time.
Overall, the current ratio trend of Bath & Body Works Inc. suggests that the company has maintained a relatively healthy liquidity position, with the ability to meet its short-term obligations using its current assets. It is essential for investors and stakeholders to monitor this ratio regularly to assess the company's liquidity and financial health.
Peer comparison
Feb 3, 2024