Current Ratio
since 2005
Calculation
Bed Bath & Beyond Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Feb 26, 2022 | 1.14 | = | 2,363,154) | ÷ | 2,074,787) |
| Feb 27, 2021 | 1.58 | = | 3,620,045) | ÷ | 2,294,921) |
| Feb 29, 2020 | 1.55 | = | 3,826,285) | ÷ | 2,466,526) |
| Mar 2, 2019 | 1.88 | = | 3,909,972) | ÷ | 2,077,632) |
| Mar 3, 2018 | 1.83 | = | 3,971,078) | ÷ | 2,165,685) |
| Feb 25, 2017 | 1.87 | = | 3,810,744) | ÷ | 2,032,501) |
| Feb 27, 2016 | 2.05 | = | 3,825,962) | ÷ | 1,867,225) |
| Feb 28, 2015 | 2.10 | = | 4,083,603) | ÷ | 1,942,681) |
| Mar 1, 2014 | 2.07 | = | 3,814,610) | ÷ | 1,839,959) |
| Mar 2, 2013 | 2.37 | = | 3,867,485) | ÷ | 1,635,210) |
| Feb 25, 2012 | 3.09 | = | 4,142,939) | ÷ | 1,339,130) |
| Feb 26, 2011 | 3.08 | = | 4,073,838) | ÷ | 1,322,440) |
| Feb 27, 2010 | 3.10 | = | 3,563,345) | ÷ | 1,149,554) |
| Feb 28, 2009 | 2.69 | = | 2,562,799) | ÷ | 952,968) |
| Mar 1, 2008 | 2.05 | = | 2,079,711) | ÷ | 1,014,112) |
| Mar 3, 2007 | 2.36 | = | 2,698,614) | ÷ | 1,145,073) |
| Feb 25, 2006 | 2.09 | = | 2,071,945) | ÷ | 989,546) |
| Feb 26, 2005 | 2.40 | = | 2,097,002) | ÷ | 873,593) |
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), 10-K (reporting date: 2016-02-27), 10-K (reporting date: 2015-02-28), 10-K (reporting date: 2014-03-01), 10-K (reporting date: 2013-03-02), 10-K (reporting date: 2012-02-25), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).
1 US$ in thousands
The financial data from 2005 to 2022 reveals a long-term deterioration in the short-term liquidity position of the organization. While the entity maintained a strong capacity to cover its short-term obligations for over a decade, the latter years of the period show a significant contraction in the current ratio, signaling increased financial pressure.
- Peak Liquidity Period (2009–2012)
- A period of substantial liquidity strength is observed between 2009 and 2012. The current ratio peaked at 3.10 in February 2010 and remained above 3.00 through 2012. This was driven by a significant increase in current assets, which grew from approximately 2.56 billion US dollars in 2009 to a peak of 4.14 billion US dollars in 2012, while current liabilities remained relatively stable in comparison.
- Gradual Erosion of Liquidity (2013–2018)
- Beginning in 2013, a consistent downward trend in the current ratio emerged. The ratio declined from 2.37 in 2013 to 1.83 by March 2018. This trend was characterized by a steady rise in current liabilities, which increased from 1.64 billion US dollars in 2013 to 2.17 billion US dollars in 2018, while current assets stagnated, fluctuating between 3.8 and 4.0 billion US dollars.
- Accelerated Liquidity Decline (2019–2022)
- The most critical decline occurred between 2019 and 2022. The current ratio fell from 1.88 in 2019 to 1.14 in 2022. This sharp contraction was caused by a simultaneous decrease in current assets—which dropped to 2.36 billion US dollars by February 2022—and a sustained high level of current liabilities. By 2022, the margin of safety for meeting short-term obligations had narrowed significantly compared to historical norms.
Overall, the trajectory shows a transition from a highly liquid position with a current ratio exceeding 3.0 to a marginal position barely above 1.0. The convergence of declining current assets and rising current liabilities indicates a systemic weakening of the short-term financial structure over the analyzed period.
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Comparison to Competitors
Bed Bath & Beyond Inc., current ratio, long-term trends, comparison to competitors
| Bed Bath & Beyond Inc. | Amazon.com Inc. | Home Depot Inc. | Lowe’s Cos. Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|---|
| Feb 26, 2022 | 1.14 | 0.94 | 1.01 | 1.02 | 1.27 |
| Feb 27, 2021 | 1.58 | 1.14 | 1.23 | 1.19 | 1.46 |
| Feb 29, 2020 | 1.55 | 1.05 | 1.08 | 1.01 | 1.24 |
| Mar 2, 2019 | 1.88 | 1.10 | 1.11 | 0.98 | 1.53 |
| Mar 3, 2018 | 1.83 | 1.10 | 1.17 | 1.06 | 1.66 |
| Feb 25, 2017 | 1.87 | 1.04 | 1.25 | 1.00 | 1.63 |
| Feb 27, 2016 | 2.05 | 1.04 | 1.36 | 1.01 | 1.54 |
| Feb 28, 2015 | 2.10 | 1.08 | 1.36 | 1.08 | 1.71 |
| Mar 1, 2014 | 2.07 | 1.12 | 1.42 | 1.16 | 1.72 |
| Mar 2, 2013 | 2.37 | 1.07 | 1.34 | 1.27 | 1.52 |
| Feb 25, 2012 | 3.09 | 1.12 | 1.55 | 1.28 | 1.68 |
| Feb 26, 2011 | 3.08 | 1.17 | 1.33 | 1.40 | 1.63 |
| Feb 27, 2010 | 3.10 | 1.33 | 1.34 | 1.32 | 1.66 |
| Feb 28, 2009 | 2.69 | 1.33 | 1.20 | 1.15 | 1.31 |
| Mar 1, 2008 | 2.05 | 1.30 | 1.15 | 1.12 | 1.45 |
| Mar 3, 2007 | 2.36 | 1.39 | 1.39 | 1.27 | 1.57 |
| Feb 25, 2006 | 2.09 | 1.33 | 1.19 | 1.34 | 1.39 |
| Feb 26, 2005 | 2.40 | 1.52 | 1.35 | 1.22 | 1.32 |
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), 10-K (reporting date: 2016-02-27), 10-K (reporting date: 2015-02-28), 10-K (reporting date: 2014-03-01), 10-K (reporting date: 2013-03-02), 10-K (reporting date: 2012-02-25), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
Bed Bath & Beyond Inc., current ratio, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| Bed Bath & Beyond Inc. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Feb 26, 2022 | 1.14 | 0.98 |
| Feb 27, 2021 | 1.58 | 1.17 |
| Feb 29, 2020 | 1.55 | 1.06 |
| Mar 2, 2019 | 1.88 | 1.10 |
| Mar 3, 2018 | 1.83 | 1.13 |
| Feb 25, 2017 | 1.87 | 1.10 |
| Feb 27, 2016 | 2.05 | 1.12 |
| Feb 28, 2015 | 2.10 | 1.17 |
| Mar 1, 2014 | 2.07 | 1.23 |
| Mar 2, 2013 | 2.37 | 1.21 |
| Feb 25, 2012 | 3.09 | 1.30 |
| Feb 26, 2011 | 3.08 | 1.31 |
| Feb 27, 2010 | 3.10 | 1.36 |
| Feb 28, 2009 | 2.69 | 1.23 |
| Mar 1, 2008 | 2.05 | 1.20 |
| Mar 3, 2007 | 2.36 | 1.38 |
| Feb 25, 2006 | 2.09 | 1.26 |
| Feb 26, 2005 | 2.40 | 1.32 |
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), 10-K (reporting date: 2016-02-27), 10-K (reporting date: 2015-02-28), 10-K (reporting date: 2014-03-01), 10-K (reporting date: 2013-03-02), 10-K (reporting date: 2012-02-25), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).
Comparison to Industry (Consumer Discretionary)
Bed Bath & Beyond Inc., current ratio, long-term trends, comparison to industry (consumer discretionary)
| Bed Bath & Beyond Inc. | Consumer Discretionary | |
|---|---|---|
| Feb 26, 2022 | 1.14 | 1.15 |
| Feb 27, 2021 | 1.58 | 1.25 |
| Feb 29, 2020 | 1.55 | 1.19 |
| Mar 2, 2019 | 1.88 | 1.10 |
| Mar 3, 2018 | 1.83 | 1.15 |
| Feb 25, 2017 | 1.87 | 1.15 |
| Feb 27, 2016 | 2.05 | 1.12 |
| Feb 28, 2015 | 2.10 | 1.25 |
| Mar 1, 2014 | 2.07 | 1.11 |
| Mar 2, 2013 | 2.37 | 1.15 |
| Feb 25, 2012 | 3.09 | 1.14 |
| Feb 26, 2011 | 3.08 | 1.31 |
| Feb 27, 2010 | 3.10 | 1.24 |
| Feb 28, 2009 | 2.69 | 1.25 |
| Mar 1, 2008 | 2.05 | 0.96 |
| Mar 3, 2007 | 2.36 | 1.21 |
| Feb 25, 2006 | 2.09 | 1.15 |
| Feb 26, 2005 | 2.40 | 1.10 |
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), 10-K (reporting date: 2016-02-27), 10-K (reporting date: 2015-02-28), 10-K (reporting date: 2014-03-01), 10-K (reporting date: 2013-03-02), 10-K (reporting date: 2012-02-25), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).