BJs Wholesale Club Holdings Inc (BJ)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 | 0.00 | 0.06 | 0.00 | 0.07 | 0.00 | 0.07 | 0.00 | 0.07 | 0.00 | 0.09 | 0.00 | 0.11 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.21 | 0.00 | 0.00 | 0.23 | 0.00 | 0.27 | 0.00 | 0.28 | 0.00 | 0.30 | 0.00 | 0.39 | 0.00 | 0.45 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.00 | 0.00 | 0.29 | 0.00 | 0.36 | 0.00 | 0.40 | 0.00 | 0.43 | 0.00 | 0.64 | 0.00 | 0.82 | 0.00 | 0.00 |
| Financial leverage ratio | 3.82 | 4.10 | 4.19 | 4.47 | 4.58 | 4.58 | 5.05 | 5.05 | 5.36 | 5.36 | 5.74 | 5.74 | 6.07 | 6.07 | 6.87 | 6.87 | 7.48 | 7.48 | 8.33 | 8.79 |
Based on the provided data, BJs Wholesale Club Holdings Inc has maintained a consistently low debt-to-assets ratio over the years, with the ratio hovering around 0.00 for most periods. This indicates that the company's assets are largely financed through equity rather than debt.
In terms of the debt-to-capital ratio, BJs Wholesale Club Holdings Inc also shows a similar trend of keeping the ratio very low or at 0.00 for the majority of the periods. This suggests that the company relies more on equity financing in its capital structure.
Additionally, looking at the debt-to-equity ratio, the company has exhibited a pattern of maintaining a low ratio or 0.00 for most periods. This indicates a conservative capital structure with a lower level of debt relative to equity.
Furthermore, analyzing the financial leverage ratio, we observe a consistent decline in the ratio over the years. This implies that the company has been reducing its financial leverage, which is generally a positive sign of improved solvency and financial stability.
Overall, the solvency ratios of BJs Wholesale Club Holdings Inc reflect a conservative financial structure with minimal reliance on debt, indicating a healthy financial position and lower financial risk.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 15.55 | 14.73 | 13.85 | 12.62 | 12.44 | 12.10 | 11.66 | 12.06 | 16.08 | 16.77 | 10.88 | 11.33 | 11.42 | 12.13 | 32.80 | 38.65 | 22.99 | 10.32 | 8.41 | 9.29 |
The interest coverage ratio measures a company's ability to meet its interest obligations with its operating income. For BJs Wholesale Club Holdings Inc, the interest coverage ratio has shown fluctuating trends over the periods provided.
As of January 31, 2022, the interest coverage ratio was 9.29, indicating that the company generated operating income that was 9.29 times higher than its interest expense. This ratio decreased to 8.41 by April 30, 2022, before increasing to 10.32 by July 30, 2022.
A significant spike in the interest coverage ratio was observed on July 31, 2022, where it jumped to 22.99, indicating a substantial improvement in the company's ability to cover its interest payments. This trend continued to October 29, 2022, and October 31, 2022, with the interest coverage ratios reaching 38.65 and 32.80, respectively.
However, the interest coverage ratio experienced a downward trend in the subsequent periods, with values ranging from 11.42 to 16.77 between January 31, 2023, and July 29, 2023. The ratio slightly decreased to 11.66 by October 31, 2023, rebounding to 13.85 by July 31, 2024, and further improving to 15.55 by January 31, 2025.
Overall, the interest coverage ratios of BJs Wholesale Club Holdings Inc have shown variability over time, with some periods demonstrating stronger ability to cover interest expenses than others. Investors and creditors may consider these fluctuations when assessing the company's financial health and risk profile.