Burlington Stores Inc (BURL)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,628,800 | 2,690,420 | 2,257,920 | 2,238,130 | 2,327,020 | 2,214,830 | 1,917,070 | 1,990,460 | 2,283,790 | 2,099,780 | 1,936,100 | 2,181,240 | 2,547,640 | 2,772,060 | 2,663,920 | 2,738,100 | 2,510,620 | 2,634,860 | 1,891,790 | 2,229,880 |
| 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 |
| Current ratio | 1.16 | 1.17 | 1.04 | 1.07 | 1.15 | 1.13 | 1.17 | 1.16 | 1.19 | 1.12 | 1.20 | 1.26 | 1.31 | 1.33 | 1.48 | 1.58 | 1.49 | 1.51 | 1.54 | 1.65 |
February 1, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,628,800K ÷ $2,272,510K
= 1.16
The current ratio of Burlington Stores Inc has shown some fluctuations over the past few years. The ratio, which measures the company's ability to cover its short-term liabilities with its current assets, has ranged between 1.04 to 1.65 during the period from May 2, 2020, to February 1, 2025.
The current ratio was at its highest at 1.65 on May 2, 2020, indicating that Burlington Stores had $1.65 in current assets for every $1 in current liabilities. However, the current ratio has been gradually declining since then, reaching its lowest point of 1.04 on August 3, 2024. This suggests that the company may have faced challenges in managing its short-term obligations during that period.
It is important to note that while a current ratio above 1.0 generally indicates a company's ability to meet its short-term obligations, a higher current ratio is typically desired as it provides a greater cushion against potential liquidity issues. Burlington Stores Inc's current ratio trend indicates some fluctuations and a slight downward trajectory in recent periods, which may warrant further analysis and monitoring to ensure the company's liquidity and financial health.
Peer comparison
Feb 1, 2025