Ollie's Bargain Outlet Hldg (OLLI)
Quick ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 205,123 | 266,262 | 266,262 | 210,596 | 210,596 |
| Short-term investments | US$ in thousands | 223,546 | 86,980 | 86,980 | 60,165 | 60,165 |
| Receivables | US$ in thousands | — | 2,223 | — | — | 2,374 |
| Total current liabilities | US$ in thousands | 304,341 | 315,551 | 315,551 | 259,285 | 259,285 |
| Quick ratio | 1.41 | 1.13 | 1.12 | 1.04 | 1.05 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($205,123K
+ $223,546K
+ $—K)
÷ $304,341K
= 1.41
The quick ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations with its most liquid assets. Ollie's Bargain Outlet Holding's quick ratio has shown a trend of improvement over the analyzed periods, with values of 1.05 on January 28, 2023, 1.04 on January 31, 2023, 1.12 on January 31, 2024, 1.13 on February 3, 2024, and 1.41 on January 31, 2025.
A quick ratio above 1.0 indicates that Ollie's Bargain Outlet Holding has sufficient liquid assets to cover its short-term liabilities. The increasing trend in the quick ratio implies that the company's liquidity position has strengthened over time. This is a positive signal as it suggests that Ollie's Bargain Outlet Holding is effectively managing its short-term financial obligations and has a solid ability to meet its current liabilities using its quick assets. The quick ratio values consistently above 1.0 indicate a healthy liquidity position for the company, which could provide a buffer against unexpected financial challenges in the short term.
Peer comparison
Jan 31, 2025