Buckle Inc (BKE)
Quick ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 266,929 | 268,213 | 268,213 | 252,077 | 252,077 |
| Short-term investments | US$ in thousands | 23,801 | 22,210 | 22,210 | 20,997 | 20,997 |
| Receivables | US$ in thousands | — | 8,697 | — | — | 12,648 |
| Total current liabilities | US$ in thousands | 213,932 | 221,456 | 221,456 | 226,043 | 226,043 |
| Quick ratio | 1.36 | 1.35 | 1.31 | 1.21 | 1.26 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($266,929K
+ $23,801K
+ $—K)
÷ $213,932K
= 1.36
The quick ratio of Buckle Inc has shown a generally positive trend over the past few years, indicating a strong ability to meet its short-term obligations using its most liquid assets. The ratio increased from 1.26 on January 28, 2023, to 1.36 on January 31, 2025. This demonstrates an improvement in the company's short-term liquidity position, with the current assets that can be quickly converted into cash being sufficient to cover its current liabilities. Overall, the increasing quick ratio suggests a healthy liquidity position for Buckle Inc, enhancing its ability to manage short-term financial commitments effectively.
Peer comparison
Jan 31, 2025