Burlington Stores Inc (BURL)
Cash ratio
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 994,698 | 925,359 | 872,623 | 1,091,090 | 1,380,280 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 2,272,510 | 2,028,790 | 1,911,950 | 1,947,650 | 1,684,000 |
| Cash ratio | 0.44 | 0.46 | 0.46 | 0.56 | 0.82 |
February 1, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($994,698K
+ $—K)
÷ $2,272,510K
= 0.44
The cash ratio of Burlington Stores Inc has been gradually decreasing over the years, indicating a decreasing ability to cover its short-term liabilities with cash and cash equivalents. The ratio was 0.82 as of January 30, 2021, showing that the company had $0.82 in cash and cash equivalents for every $1 of short-term liabilities. By January 29, 2022, the cash ratio had decreased to 0.56, and further declined to 0.46 on both January 28, 2023, and February 3, 2024. The most recent data as of February 1, 2025, shows a cash ratio of 0.44, suggesting a continued trend of reduced liquidity. This declining trend may raise concerns about the company's ability to meet its short-term obligations solely from its cash resources. Further analysis of the company's liquidity management and cash flow position is recommended to understand the implications of this trend on its financial health.
Peer comparison
Feb 1, 2025