Five Below Inc (FIVE)

Quick ratio

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
Cash US$ in thousands 331,718 169,702 209,039 96,308 179,749 179,749 162,928 162,928 334,544 334,544 335,286 335,286 332,324 332,324 44,229 44,229 155,101 155,101 120,501 64,973
Short-term investments US$ in thousands 197,073 46,941 118,680 273,341 280,339 280,339 0 0 101,813 101,813 88,241 88,241 66,845 66,845 72,722 72,722 117,315 117,315 189,140 277,141
Receivables US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total current liabilities US$ in thousands 756,442 875,388 685,205 741,629 715,926 715,926 758,166 758,166 649,468 649,468 618,554 618,554 602,560 602,560 639,850 639,850 630,523 630,523 594,387 586,901
Quick ratio 0.70 0.25 0.48 0.50 0.64 0.64 0.21 0.21 0.67 0.67 0.68 0.68 0.66 0.66 0.18 0.18 0.43 0.43 0.52 0.58

January 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($331,718K + $197,073K + $—K) ÷ $756,442K
= 0.70

The quick ratio of Five Below Inc has shown some fluctuations over the past few years, ranging from a low of 0.18 to a high of 0.70. A quick ratio below 1 indicates that the company may have difficulty meeting its short-term obligations with its most liquid assets. In January 2025, the quick ratio improved to 0.70 from the previous quarter, suggesting an increase in the company's ability to cover its current liabilities with its most liquid assets. However, it is important to monitor the trend of the quick ratio over time to assess the company's liquidity position accurately.