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The Bon-Ton Stores (The Bon-Ton Stores) Current Ratio

: 0.88 (As of Oct. 2017)
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. The Bon-Ton Stores's current ratio for the quarter that ended in Oct. 2017 was 0.88.

The Bon-Ton Stores has a current ratio of 0.88. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If The Bon-Ton Stores has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for The Bon-Ton Stores's Current Ratio or its related term are showing as below:

BONTQ's Current Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.58
* Ranked among companies with meaningful Current Ratio only.

The Bon-Ton Stores Current Ratio Historical Data

The historical data trend for The Bon-Ton Stores's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Bon-Ton Stores Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 1.92 2.06 2.37 2.25

The Bon-Ton Stores Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.80 2.25 2.32 2.15 0.88

Competitive Comparison

For the Department Stores subindustry, The Bon-Ton Stores's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Bon-Ton Stores Current Ratio Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, The Bon-Ton Stores's Current Ratio distribution charts can be found below:

* The bar in red indicates where The Bon-Ton Stores's Current Ratio falls into.



The Bon-Ton Stores Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

The Bon-Ton Stores's Current Ratio for the fiscal year that ended in Jan. 2017 is calculated as

Current Ratio (A: Jan. 2017 )=Total Current Assets (A: Jan. 2017 )/Total Current Liabilities (A: Jan. 2017 )
=829.748/368.847
=2.25

The Bon-Ton Stores's Current Ratio for the quarter that ended in Oct. 2017 is calculated as

Current Ratio (Q: Oct. 2017 )=Total Current Assets (Q: Oct. 2017 )/Total Current Liabilities (Q: Oct. 2017 )
=960.845/1091.064
=0.88

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Bon-Ton Stores  (OTCPK:BONTQ) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


The Bon-Ton Stores Current Ratio Related Terms

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The Bon-Ton Stores (The Bon-Ton Stores) Business Description

Traded in Other Exchanges
N/A
Address
2801 East Market Street, York, PA, USA, 17402
The Bon-Ton Stores Inc operates is a department store operator in the United States. It offers a range of brand-name fashion apparel and accessories for women, men, and children, through stores in the United States. Its nationally distributed brand assortment includes a range of labels in the apparel, accessories, footwear, cosmetics and home furnishings industries, such as Anne Klein, Calvin Klein, Carters, Chaps, Clarks, Clinique, Coach, Estee Lauder and Others.
Executives
Chad C Stauffer officer: EVP, Chief Merchandising Off. AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Philmer H Rohrbaugh director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Morgan Donald E Iii 10 percent owner C/O BRIGADE CAPITAL MANAGEMENT, LLC, 717 FIFTH AVENUE, SUITE 1301, NEW YORK NY 10022
Brigade Leveraged Capital Structures Fund Ltd. 10 percent owner ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Todd C Mccarty director 2801 EAST MARKET STREET, YORK PA 17402
Nancy A Walsh officer: EVP, Chief Financial Officer LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Lucinda M Baier director 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Brendan Hoffman director 100 PIER 1 PLACE, FORT WORTH TX 76102
Thomas K Hernquist director 2801 EAST MARKET STREET, YORK PA 17402
Remy W Trafelet 10 percent owner C/O TRAFELET BROKAW CAPITAL MANAGEMENT,, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Trafelet & Co Llc 10 percent owner 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Trafelet Capital Management, L.p. 10 percent owner 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Lynn C Derry officer: Senior VP - Gen Merch Manager CHRISTOPHER & BANKS CORPORATION 2400 XENIUM LANE NORTH PLYMOUTH MN 55441
Frank Tworecke officer: President & COO THE BON-TON STORES, INC. 2801 E. MARKET ST., P.O. BOX 2821 YORK PA 17405

The Bon-Ton Stores (The Bon-Ton Stores) Headlines