BJs Wholesale Club Holdings Inc (BJ)
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 | — | 398,432 | — | — | 447,880 |
| Total assets | US$ in thousands | 7,065,300 | 6,677,620 | 6,677,620 | 6,349,960 | 6,349,960 |
| Debt-to-assets ratio | 0.00 | 0.06 | 0.00 | 0.00 | 0.07 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $7,065,300K
= 0.00
Based on the data provided, the debt-to-assets ratio of BJs Wholesale Club Holdings Inc fluctuated over the years.
As of January 28, 2023, the company had a debt-to-assets ratio of 0.07, indicating that 7% of its total assets were financed by debt. However, as of January 31, 2023, and January 31, 2024, the company managed to reduce its debt levels as the ratio dropped to 0.00, suggesting that the company had no debt relative to its assets during those periods.
By February 3, 2024, the debt-to-assets ratio slightly increased to 0.06, implying that 6% of its assets were funded by debt. Finally, as of January 31, 2025, the ratio returned to 0.00, indicating that the company continued to maintain a debt-free position in relation to its assets.
Overall, the trend in BJs Wholesale Club Holdings Inc's debt-to-assets ratio reflects prudent financial management with a focus on reducing debt levels and managing assets efficiently.
Peer comparison
Jan 31, 2025