BJs Wholesale Club Holdings Inc (BJ)

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 28,272 33,873 38,058 35,094 36,049 36,049 33,551 33,551 26,210 26,210 23,387 23,387 33,915 33,915 34,644 34,644 163,681 163,681 37,952 45,436
Short-term investments US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total current liabilities US$ in thousands 2,534,080 2,742,020 2,523,750 2,525,840 2,468,050 2,468,050 2,739,060 2,739,060 2,591,150 2,591,150 2,619,340 2,619,340 2,545,340 2,545,340 2,599,960 2,599,960 2,484,140 2,484,140 2,209,060 2,002,480
Cash ratio 0.01 0.01 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.07 0.07 0.02 0.02

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 shown relatively consistent levels over the reported periods. The cash ratio, which measures the company's ability to cover its short-term obligations with its cash and cash equivalents, has ranged from 0.01 to 0.07. A cash ratio of 0.01 indicates that for every dollar of current liabilities, the company has $0.01 in cash and cash equivalents available.

The fluctuations in the cash ratio may be attributed to changes in the company's cash position and short-term liabilities over time. A higher cash ratio demonstrates a stronger liquidity position, indicating the company's ability to meet its short-term obligations. Conversely, a lower cash ratio suggests a relatively weaker liquidity position.

It is important for investors and analysts to monitor the cash ratio to assess the company's liquidity and its ability to withstand potential financial challenges. Overall, BJs Wholesale Club Holdings Inc's cash ratio indicates a moderate liquidity position, but further analysis in conjunction with other financial metrics is necessary to gain a comprehensive understanding of the company's financial health.