BJs Wholesale Club Holdings Inc (BJ)

Cash ratio

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Cash and cash equivalents US$ in thousands 28,272 36,049 36,049 33,915 33,915
Short-term investments US$ in thousands
Total current liabilities US$ in thousands 2,534,080 2,468,050 2,468,050 2,545,340 2,545,340
Cash ratio 0.01 0.01 0.01 0.01 0.01

January 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($28,272K + $—K) ÷ $2,534,080K
= 0.01

The cash ratio of BJs Wholesale Club Holdings Inc has remained consistent at 0.01 over the past few years, indicating that the company has $0.01 in cash and cash equivalents for every $1 of current liabilities. This suggests that the company may have limited liquidity available to cover its short-term obligations. It is essential for the company to monitor and manage its cash position effectively to ensure it can meet its financial obligations as they come due. A low cash ratio may indicate a potential risk of liquidity problems if not managed prudently.