BJs Wholesale Club Holdings Inc (BJ)

Debt-to-equity 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 stockholders’ equity US$ in thousands 1,847,450 1,458,850 1,458,850 1,046,840 1,046,840
Debt-to-equity ratio 0.00 0.27 0.00 0.00 0.43

January 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,847,450K
= 0.00

Based on the data provided, BJs Wholesale Club Holdings Inc experienced fluctuations in its debt-to-equity ratio over the specified periods.

- As of January 28, 2023, the company's debt-to-equity ratio stood at 0.43, indicating that the company had a higher proportion of debt compared to equity.
- Subsequently, by January 31, 2023, and January 31, 2024, the debt-to-equity ratio dropped to 0.00, suggesting that the company had either reduced its debt levels significantly or increased its equity.
- However, the ratio increased to 0.27 by February 3, 2024, indicating a moderate debt level relative to equity.
- Finally, as of January 31, 2025, the debt-to-equity ratio returned to 0.00, implying either a further reduction in debt or an increase in equity.

Overall, BJs Wholesale Club Holdings Inc appears to have managed its debt and equity structure effectively over the periods analyzed, with fluctuations reflecting potential strategic financial decisions aimed at optimizing its capital structure.