Name: Quick Ratio

Definition: The quick ratio is like an emergency response measure: can the company pay off short-term debts without selling any inventory? It only counts cash, short-term investments, and receivables — assets that can quickly be turned into cash. A healthy quick ratio shows strong liquidity. A very low quick ratio means the company depends on selling inventory to meet short-term obligations — which can be risky if sales unexpectedly slow down.

Interpretation:
• In '2022', BJ's quick ratio was 0.11, providing a stringent test of short-term liquidity. Industry average for Department/Specialty Retail Stores in '2022' stood at 0.56.
• In '2023', BJ's quick ratio was 0.11, providing a stringent test of short-term liquidity. The decline from '2022' may indicate some operational or financial challenges. Industry average for Department/Specialty Retail Stores in '2023' stood at 0.56. Industry average increased by 0.01 compared to previous year.
• In '2024', BJ's quick ratio was 0.11, providing a stringent test of short-term liquidity. The increase since '2023' reflects strengthening financial performance. Industry average for Department/Specialty Retail Stores in '2024' stood at 0.53. Industry average declined by 0.04 from previous year.
• In '2025', BJ's quick ratio was 0.12, providing a stringent test of short-term liquidity. The increase since '2024' reflects strengthening financial performance. Industry average for Department/Specialty Retail Stores in '2025' stood at 0.51. Industry average declined by 0.01 from previous year.
Overall, BJ's quick ratio has remained generally stable over the past 4 years.

Formula: Quick Ratio = (Current Assets - Inventory) / Current Liabilities

Good Range: Normally between 0.8 and 1.5.