BJs Wholesale Club Holdings Inc (BJ)

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 36,049 33,551 26,210 23,387 33,915 34,644 163,681 37,952 45,436 84,691 42,414 62,954 43,518 46,116 168,811 132,915 30,204 29,968 29,092 29,877
Short-term investments US$ in thousands 37,046 -8,144
Total current liabilities US$ in thousands 2,468,050 2,739,060 2,591,150 2,619,340 2,545,340 2,599,960 2,484,140 2,209,060 2,002,480 2,104,100 1,839,200 2,035,930 2,031,210 2,210,440 1,764,240 1,720,200 1,801,420 2,051,810 1,611,060 1,673,910
Cash ratio 0.01 0.01 0.01 0.01 0.01 0.01 0.07 0.02 0.02 0.04 0.02 0.05 0.02 0.02 0.10 0.08 0.01 0.01 0.02 0.02

February 3, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($36,049K + $—K) ÷ $2,468,050K
= 0.01

The cash ratio of BJs Wholesale Club Holdings Inc has shown some fluctuations over the past few quarters. The ratio has mostly remained low, with values close to 0.01 for the majority of the periods analyzed. This indicates that the company holds a relatively small amount of cash compared to its current liabilities.

There were a few periods where the cash ratio increased slightly, such as in July 2022 and May 2020, reaching 0.07 and 0.10 respectively. During these periods, the company had a higher level of cash on hand relative to its current liabilities.

Overall, the cash ratio for BJs Wholesale Club Holdings Inc has generally been on the lower side, suggesting that the company may rely more on other liquid assets or borrowing to meet its short-term obligations. It is important for investors and analysts to monitor this ratio along with other liquidity measures to assess the company's ability to cover its current liabilities with its available cash resources.


Peer comparison

Feb 3, 2024