BJs Wholesale Club Holdings Inc (BJ)

Current 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
Total current assets	US$ in thousands	1,794,010	2,000,460	1,843,310	1,842,310	1,703,240	1,863,280	1,802,550	1,769,270	1,517,060	1,599,290	1,291,550	1,435,540	1,470,580	1,595,970	1,408,750	1,398,370	1,360,020	1,542,410	1,265,260	1,343,220
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
Current ratio		0.73	0.73	0.71	0.70	0.67	0.72	0.73	0.80	0.76	0.76	0.70	0.71	0.72	0.72	0.80	0.81	0.75	0.75	0.79	0.80

February 3, 2024 calculation

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

BJs Wholesale Club Holdings Inc's current ratio has been fluctuating within a range of 0.67 to 0.80 over the past 20 quarters. A current ratio below 1 indicates that the company may have challenges in meeting its short-term liabilities with its current assets alone.

The company's current ratio has shown some variability but has generally remained below 1, which may raise concerns about its liquidity position and ability to cover its short-term obligations. It is crucial for investors and creditors to closely monitor BJs Wholesale Club Holdings Inc's liquidity position and financial health based on this trend in the current ratio.