Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Bed Bath & Beyond Inc., liquidity ratios
Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Bed Bath & Beyond Inc. current ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Bed Bath & Beyond Inc. quick ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Bed Bath & Beyond Inc. cash ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Current Ratio
Bed Bath & Beyond Inc., current ratio calculation, comparison to benchmarks
| Feb 26, 2022 | Feb 27, 2021 | Feb 29, 2020 | Mar 2, 2019 | Mar 3, 2018 | Feb 25, 2017 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Current assets | 2,363,154) | 3,620,045) | 3,826,285) | 3,909,972) | 3,971,078) | 3,810,744) | |
| Current liabilities | 2,074,787) | 2,294,921) | 2,466,526) | 2,077,632) | 2,165,685) | 2,032,501) | |
| Liquidity Ratio | |||||||
| Current ratio1 | 1.14 | 1.58 | 1.55 | 1.88 | 1.83 | 1.87 | |
| Benchmarks | |||||||
| Current Ratio, Competitors2 | |||||||
| Amazon.com Inc. | 0.94 | 1.14 | 1.05 | — | — | — | |
| Home Depot Inc. | 1.01 | 1.23 | 1.08 | — | — | — | |
| Lowe’s Cos. Inc. | 1.02 | 1.19 | 1.01 | — | — | — | |
| TJX Cos. Inc. | 1.27 | 1.46 | 1.24 | — | — | — | |
| Current Ratio, Sector | |||||||
| Consumer Discretionary Distribution & Retail | 0.98 | 1.17 | 1.06 | — | — | — | |
| Current Ratio, Industry | |||||||
| Consumer Discretionary | 1.15 | 1.25 | 1.18 | — | — | — | |
Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).
1 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 2,363,154 ÷ 2,074,787 = 1.14
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Bed Bath & Beyond Inc. current ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Quick Ratio
Bed Bath & Beyond Inc., quick ratio calculation, comparison to benchmarks
| Feb 26, 2022 | Feb 27, 2021 | Feb 29, 2020 | Mar 2, 2019 | Mar 3, 2018 | Feb 25, 2017 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Cash and cash equivalents | 439,496) | 1,352,984) | 1,000,340) | 508,971) | 346,140) | 488,329) | |
| Short term investment securities | —) | —) | 385,642) | 485,799) | 378,039) | —) | |
| Accounts receivable | —) | —) | —) | —) | —) | —) | |
| Total quick assets | 439,496) | 1,352,984) | 1,385,982) | 994,770) | 724,179) | 488,329) | |
| Current liabilities | 2,074,787) | 2,294,921) | 2,466,526) | 2,077,632) | 2,165,685) | 2,032,501) | |
| Liquidity Ratio | |||||||
| Quick ratio1 | 0.21 | 0.59 | 0.56 | 0.48 | 0.33 | 0.24 | |
| Benchmarks | |||||||
| Quick Ratio, Competitors2 | |||||||
| Amazon.com Inc. | 0.69 | 0.86 | 0.83 | — | — | — | |
| Home Depot Inc. | 0.20 | 0.47 | 0.23 | — | — | — | |
| Lowe’s Cos. Inc. | 0.07 | 0.28 | 0.06 | — | — | — | |
| TJX Cos. Inc. | 0.64 | 1.01 | 0.50 | — | — | — | |
| Quick Ratio, Sector | |||||||
| Consumer Discretionary Distribution & Retail | 0.57 | 0.77 | 0.68 | — | — | — | |
| Quick Ratio, Industry | |||||||
| Consumer Discretionary | 0.81 | 0.92 | 0.88 | — | — | — | |
Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).
1 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 439,496 ÷ 2,074,787 = 0.21
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Bed Bath & Beyond Inc. quick ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Cash Ratio
Bed Bath & Beyond Inc., cash ratio calculation, comparison to benchmarks
| Feb 26, 2022 | Feb 27, 2021 | Feb 29, 2020 | Mar 2, 2019 | Mar 3, 2018 | Feb 25, 2017 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Cash and cash equivalents | 439,496) | 1,352,984) | 1,000,340) | 508,971) | 346,140) | 488,329) | |
| Short term investment securities | —) | —) | 385,642) | 485,799) | 378,039) | —) | |
| Total cash assets | 439,496) | 1,352,984) | 1,385,982) | 994,770) | 724,179) | 488,329) | |
| Current liabilities | 2,074,787) | 2,294,921) | 2,466,526) | 2,077,632) | 2,165,685) | 2,032,501) | |
| Liquidity Ratio | |||||||
| Cash ratio1 | 0.21 | 0.59 | 0.56 | 0.48 | 0.33 | 0.24 | |
| Benchmarks | |||||||
| Cash Ratio, Competitors2 | |||||||
| Amazon.com Inc. | 0.45 | 0.68 | 0.67 | — | — | — | |
| Home Depot Inc. | 0.08 | 0.34 | 0.12 | — | — | — | |
| Lowe’s Cos. Inc. | 0.07 | 0.28 | 0.06 | — | — | — | |
| TJX Cos. Inc. | 0.59 | 0.97 | 0.45 | — | — | — | |
| Cash Ratio, Sector | |||||||
| Consumer Discretionary Distribution & Retail | 0.37 | 0.61 | 0.54 | — | — | — | |
| Cash Ratio, Industry | |||||||
| Consumer Discretionary | 0.47 | 0.63 | 0.58 | — | — | — | |
Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).
1 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 439,496 ÷ 2,074,787 = 0.21
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Bed Bath & Beyond Inc. cash ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |