The company also reported negative operating cash flow of about $400 million. Of top concern is that its liquidity could be drying up, and the company must raise new capital in order to stay afloat. Bed Bath & Beyond reported roughly $108 million in cash and equivalents in its fiscal first quarter, down from $1.1 billion a year prior. The company had been drawing on its existing $1 billion asset-based revolving credit facility from JPMorgan Chase, according to its latest quarterly filing with the Securities and Exchange Commission. But as the assets that were used as collateral for that ABL facility lose value, Bed Bath & Beyond will face greater pressure from its lenders to cut costs and find money elsewhere. These issues come at a critical time for the retailer when it will want to have strong inventory in stock for the back-to-college and winter holiday seasons. But fears about its finances could cause vendors to ask for more cash up front, which could exacerbate its financial troubles.