Burlington Stores Inc (BURL)
Cash ratio
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 994,698 | 857,800 | 659,910 | 742,332 | 925,359 | 615,863 | 520,974 | 532,443 | 872,623 | 428,583 | 454,985 | 627,050 | 1,091,090 | 1,185,380 | 1,344,320 | 1,530,600 | 1,380,280 | 1,348,690 | 1,077,150 | 1,488,470 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 2,272,510 | 2,301,440 | 2,178,660 | 2,097,320 | 2,028,790 | 1,954,580 | 1,643,700 | 1,718,510 | 1,911,950 | 1,878,410 | 1,609,050 | 1,729,500 | 1,947,650 | 2,079,500 | 1,803,480 | 1,728,700 | 1,684,000 | 1,740,650 | 1,225,200 | 1,355,410 |
| Cash ratio | 0.44 | 0.37 | 0.30 | 0.35 | 0.46 | 0.32 | 0.32 | 0.31 | 0.46 | 0.23 | 0.28 | 0.36 | 0.56 | 0.57 | 0.75 | 0.89 | 0.82 | 0.77 | 0.88 | 1.10 |
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 shown fluctuations over the period from May 2, 2020, to February 1, 2025. The ratio, which measures a company's ability to cover its short-term liabilities with its cash and cash equivalents, decreased from 1.10 on May 2, 2020, to 0.88 on August 1, 2020. This downward trend continued until October 30, 2021, when the ratio reached its lowest point of 0.23.
After October 30, 2021, there was a slight improvement in the cash ratio, reaching 0.46 by February 3, 2024. However, there were fluctuations in the ratio over the subsequent periods, with the ratio ranging between 0.28 and 0.46.
Overall, the decreasing trend in the cash ratio observed from May 2, 2020, to October 30, 2021, indicates that Burlington Stores Inc may have experienced challenges in maintaining sufficient cash levels to cover its short-term obligations during that period. Investors and analysts may monitor the cash ratio closely to assess the company's liquidity position and ability to meet its short-term financial obligations in the future.
Peer comparison
Feb 1, 2025