Bath & Body Works Inc. (BBWI)
Debt-to-assets ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 4,388,000 | — | — | 4,497,000 | — | 4,668,000 | — | 4,781,000 | — | 4,862,000 | — | 4,860,000 | — | 4,858,000 | — | — |
| Total assets | US$ in thousands | 4,872,000 | 4,984,000 | 4,948,000 | 5,221,000 | 5,463,000 | 5,463,000 | 5,243,000 | 5,243,000 | 5,195,000 | 5,195,000 | 5,363,000 | 5,363,000 | 5,494,000 | 5,494,000 | 5,133,000 | 5,133,000 | 4,901,000 | 4,901,000 | 4,860,000 | 6,026,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.80 | 0.00 | 0.00 | 0.86 | 0.00 | 0.90 | 0.00 | 0.89 | 0.00 | 0.88 | 0.00 | 0.95 | 0.00 | 0.99 | 0.00 | 0.00 |
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. provides insights into the company's leverage and financial risk. Looking at the data provided, we observe fluctuations in the ratio over the years.
The debt-to-assets ratio for Bath & Body Works Inc. was consistently low, at 0.00, for most of the periods reported, indicating that the company had minimal debt in relation to its total assets during those periods. This suggests that Bath & Body Works Inc. relied more on equity financing rather than debt to fund its operations and investments.
However, in certain periods such as July 30, 2022, October 29, 2022, and April 29, 2023, the ratio increased to 0.99, 0.95, and 0.89, respectively. These spikes in the ratio suggest that Bath & Body Works Inc. may have taken on more debt relative to its assets during those periods, potentially increasing its financial risk and leverage.
Overall, the trend of primarily maintaining a low debt-to-assets ratio indicates that Bath & Body Works Inc. has pursued a conservative financial strategy, prioritizing a strong balance sheet and minimizing the reliance on debt financing. However, investors should monitor periods with higher ratios to assess the potential impact on the company's financial health and stability.
Peer comparison
Jan 31, 2025