Dave & Buster’s Entertainment (PLAY)
Cash ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 4, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 6,900 | 8,600 | 13,100 | 32,100 | 37,300 | 37,300 | 64,000 | 64,000 | 82,600 | 82,600 | 91,500 | 181,600 | 181,600 | 108,211 | 108,211 | 100,386 | 139,081 | 139,081 | 25,910 | 25,910 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 433,900 | 391,000 | 408,200 | 424,100 | 435,600 | 435,600 | 419,300 | 419,300 | 422,500 | 422,500 | 409,500 | 438,000 | 438,000 | 406,242 | 406,242 | 407,585 | 313,078 | 313,078 | 311,515 | 311,515 |
| Cash ratio | 0.02 | 0.02 | 0.03 | 0.08 | 0.09 | 0.09 | 0.15 | 0.15 | 0.20 | 0.20 | 0.22 | 0.41 | 0.41 | 0.27 | 0.27 | 0.25 | 0.44 | 0.44 | 0.08 | 0.08 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($6,900K
+ $—K)
÷ $433,900K
= 0.02
The cash ratio of Dave & Buster’s Entertainment has exhibited fluctuations over the periods provided in the data. The cash ratio is used to evaluate a company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio suggests a stronger ability to meet short-term obligations.
Based on the data provided:
- The cash ratio remained stable at 0.08 from January 30, 2022, to January 31, 2022.
- There was a significant increase to 0.44 in the cash ratio from April 30, 2022, to May 1, 2022.
- Subsequently, the cash ratio declined to 0.25 on July 31, 2022, but improved slightly to 0.27 by October 30, 2022, and remained the same on October 31, 2022.
- The cash ratio increased to 0.41 by January 29, 2023, and stayed consistent until January 31, 2023.
- There was a notable decrease in the cash ratio to 0.22 by April 30, 2023, and further to 0.20 by July 30, 2023, remaining the same on July 31, 2023.
- The cash ratio continued to decline to 0.15 by October 29, 2023, and stayed stable on October 31, 2023.
- A significant decrease was observed from 0.15 on October 31, 2023, to 0.09 on January 31, 2024, which further dropped to 0.08 by April 30, 2024.
- There was a notable decline in the cash ratio to 0.03 on July 31, 2024, and further to 0.02 by October 31, 2024, which remained the same by January 31, 2025.
Overall, the varying trends in the cash ratio reflect the fluctuations in Dave & Buster’s Entertainment's ability to cover its short-term liabilities with its available cash and cash equivalents. It is important for the company to maintain a balance between holding an adequate level of cash for liquidity purposes while also optimizing the utilization of its cash resources effectively.
Peer comparison
Jan 31, 2025