Bath & Body Works Inc. (BBWI)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | -1,385,000 | -1,749,000 | -1,719,000 | -1,677,000 | -1,627,000 | -1,627,000 | -2,124,000 | -2,125,000 | -2,154,000 | -2,155,000 | -2,170,000 | -2,171,000 | -2,205,000 | -2,206,000 | -2,609,000 | -2,609,000 | -2,663,000 | -2,663,000 | -2,659,000 | -1,518,000 |
| Debt-to-capital ratio | — | — | — | — | 1.59 | — | — | 1.90 | — | 1.86 | — | 1.83 | — | 1.83 | — | 2.16 | — | 2.21 | — | — |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-1,385,000K)
= —
The debt-to-capital ratio for Bath & Body Works Inc. experienced fluctuations over the period provided. As of July 30, 2022, the ratio stood at 2.21, indicating that debt represented 221% of the company's total capital. This was followed by a decrease to 2.16 on October 29, 2022. Subsequently, there was a noticeable decline in the ratio to 1.83 as of January 28, 2023 and April 29, 2023, suggesting a reduced reliance on debt financing relative to the total capital employed.
The ratio continued to hover around this level with slight variations, showing a moderate increase to 1.90 by October 28, 2023. Notably, there was a further decline on February 3, 2024, as the debt-to-capital ratio dropped to 1.59.
The absence of data for several periods indicates that the debt-to-capital ratio was not reported or possibly was not applicable for those times. Overall, the trend in the ratio suggests varying levels of leverage employed by Bath & Body Works Inc. in financing its operations and investments.
Peer comparison
Jan 31, 2025