BJs Wholesale Club Holdings Inc (BJ)

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	—	—	—	—	398,432	—	—	398,355	—	448,135	—	448,004	—	447,880	—	600,123	—	699,406	—	—
Total assets	US$ in thousands	7,065,300	7,216,220	6,929,900	6,824,730	6,677,620	6,677,620	6,837,240	6,837,240	6,603,900	6,603,900	6,494,500	6,494,500	6,349,960	6,349,960	6,478,900	6,478,900	6,387,240	6,387,240	6,010,000	5,696,480
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.06	0.00	0.00	0.06	0.00	0.07	0.00	0.07	0.00	0.07	0.00	0.09	0.00	0.11	0.00	0.00

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $7,065,300K
= 0.00

The debt-to-assets ratio for BJs Wholesale Club Holdings Inc shows a stable and favorable trend over the analyzed period, ranging from 0.00 to 0.11. This ratio measures the proportion of the company's assets that are financed by debt, with lower values indicating less reliance on debt financing.

The ratio remained consistently low until July 30, 2022, when it slightly increased to 0.11. However, it returned to lower levels in the subsequent periods, hovering around 0.00 to 0.07. This suggests that BJs Wholesale Club Holdings Inc has maintained a conservative approach to debt management, ensuring a healthy balance between debt and assets.

Overall, the low debt-to-assets ratio indicates that the company has a strong financial position with a lower level of financial risk associated with debt. This stability can enhance investor confidence and provide the company with flexibility in managing its operations and future investments.