Bath & Body Works Inc. (BBWI)
Debt-to-assets ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 4,388,000 | — | — | 4,862,000 |
| Total assets | US$ in thousands | 4,872,000 | 5,463,000 | 5,463,000 | 5,494,000 | 5,494,000 |
| Debt-to-assets ratio | 0.00 | 0.80 | 0.00 | 0.00 | 0.88 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,872,000K
= 0.00
The debt-to-assets ratio of Bath & Body Works Inc. reflects the proportion of the company's assets that are financed by debt.
1. January 28, 2023: A debt-to-assets ratio of 0.88 indicates that 88% of the company's assets were funded by debt, implying a relatively high level of leverage.
2. January 31, 2023 and January 31, 2024: A debt-to-assets ratio of 0.00 for both dates suggests that the company had no debt relative to its assets, indicating a debt-free position or a very low level of debt compared to its assets.
3. February 3, 2024: The debt-to-assets ratio rose to 0.80, indicating that 80% of the company's assets were financed by debt, showing an increase in leverage from the previous year.
4. January 31, 2025: The debt-to-assets ratio returned to 0.00, signifying that the company remained debt-free or had minimal debt relative to its assets at the end of the period.
Overall, the fluctuation in Bath & Body Works Inc.'s debt-to-assets ratio over the years indicates varying levels of debt financing in relation to its asset base, highlighting the company's ability to manage its leverage and financial risk.
Peer comparison
Jan 31, 2025