BJs Wholesale Club Holdings Inc (BJ)

Current ratio

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Total current assets	US$ in thousands	1,794,010	1,703,240	1,517,060	1,470,580	1,360,020
Total current liabilities	US$ in thousands	2,468,050	2,545,340	2,002,480	2,031,210	1,801,420
Current ratio		0.73	0.67	0.76	0.72	0.75

February 3, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,794,010K ÷ $2,468,050K
= 0.73

The current ratio of BJs Wholesale Club Holdings Inc has exhibited some fluctuations over the past five years. The ratio has ranged from a low of 0.67 in January 2023 to a high of 0.76 in January 2022. The current ratio for the most recent period, February 3, 2024, stands at 0.73.

A current ratio below 1 indicates that the company may have difficulties meeting its short-term obligations with its current assets. BJs Wholesale Club Holdings Inc's current ratios over the past five years consistently fall below 1, implying potential liquidity concerns in the short term.

Overall, the trend suggests that BJs Wholesale Club Holdings Inc may need to carefully manage its current assets and liabilities to ensure it can meet its short-term financial obligations. Further investigation into the company's liquidity management practices would provide a better understanding of its ability to maintain financial stability.