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Short Term Debt Coverage Ratio for Big Lots Inc

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BIGG.Q: Big Lots Inc

Big Lots, Inc., through its subsidiaries, operates as a home discount retailer in the United States. The company offers products under various merchandising categories, such as furniture category that...

0.02 USD
Price
USD
Fair Value
Upside
0.01 - 5.63
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Big Lots Inc's Short Term Debt Coverage Ratio:

Jan 2016Jan 2018Jan 2020Jan 2022Jan 20240.0x10.0x20.0x30.0x

Performance Summary
  • Big Lots's latest twelve months short term debt coverage ratio is -0.3x
  • Big Lots's short term debt coverage ratio for fiscal years ending February 2020 to 2024 averaged 0.5x.
  • Big Lots's operated at median short term debt coverage ratio of 0.8x from fiscal years ending February 2020 to 2024.
  • Looking back at the last 5 years, Big Lots's short term debt coverage ratio peaked in January 2021 at 1.6x.
  • Big Lots's short term debt coverage ratio hit its 5-year low in February 2024 of -1.0x.
  • Big Lots's short term debt coverage ratio decreased in 2020 (1.5x, -94.3%), 2022 (0.8x, -51.4%), 2023 (-0.6x, -171.3%), and 2024 (-1.0x, +78.0%) and increased in 2021 (1.6x, +11.1%).

How does Big Lots's Short Term Debt Coverage Ratio benchmark against competitors?

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We've identified the following companies as similar to Big Lots Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Short Term Debt Coverage Ratio

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debt_coverage_st
Slug
number
Datatype
text
Format
current
Default Period
FY, LTM
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Short Term Debt Coverage Ratio in the risk category include:

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Short Term Debt Coverage Ratio

A ratio that measures the amount of cash flow a firm generates for each dollar of short-term debt it uses

Definition of Short Term Debt Coverage Ratio

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Short Term Debt Coverage Ratio is defined as:

Short Term Debt Coverage Ratio = Cash From Operations / Total Current Debt

Short Term Debt Coverage measures the amount of cash flow a firm generates for each dollar of short-term debt it uses.


Click the link below to download a spreadsheet with an example Short Term Debt Coverage Ratio calculation for Big Lots Inc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-18.5x1.5x21.5x53.9x0400800

The chart above depicts the distribution of short term debt coverage ratio for companies operating in the Consumer Discretionary sector in the Developed economic region. Over 2,180 companies were considered in this analysis, and 2,098 had meaningful values. The average short term debt coverage ratio of companies in the sector is 2.7x with a standard deviation of 6.9x.

Big Lots Inc's Short Term Debt Coverage Ratio of -0.3x ranks in the 12.8% percentile for the sector. The following table provides additional summary stats:

Short Term Debt Coverage Ratio In The Consumer Discretionary Sector
Economic Risk RegionDeveloped
Total Constituents2,186
Included Constituents2,098
Min-17.5x
Max53.1x
Median0.9x
Mean2.7x
Standard Deviation6.9x

You can find companies with similar short term debt coverage ratio using this stock screener.

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