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.
Peer comparison
Jan 31, 2025