BJs Wholesale Club Holdings Inc (BJ)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,847,450 | 1,762,170 | 1,654,910 | 1,527,420 | 1,458,850 | 1,458,850 | 1,353,700 | 1,353,700 | 1,231,290 | 1,231,290 | 1,131,730 | 1,131,730 | 1,046,840 | 1,046,840 | 942,875 | 942,875 | 853,591 | 853,591 | 721,342 | 648,108 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.00 | 0.00 | 0.29 | 0.00 | 0.36 | 0.00 | 0.40 | 0.00 | 0.43 | 0.00 | 0.64 | 0.00 | 0.82 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,847,450K
= 0.00
The debt-to-equity ratio for BJs Wholesale Club Holdings Inc has shown some fluctuation over the periods analyzed. As of January 31, 2022, April 30, 2022, July 31, 2022, and October 31, 2022, the company had a debt-to-equity ratio of 0.00, indicating that there was no debt on the company's balance sheet in those periods.
However, by July 30, 2022, the debt-to-equity ratio increased to 0.82, suggesting that the company had taken on some level of debt relative to its equity. Subsequently, the ratio decreased to 0.64 by October 29, 2022, and continued to decline to 0.43 by January 28, 2023.
The trend of decreasing debt-to-equity ratios continued throughout the subsequent periods, with ratios of 0.40, 0.36, and 0.29 reported in April 29, 2023, July 29, 2023, and October 28, 2023 respectively. Notably, the ratio was 0.27 as of February 3, 2024.
Overall, the data indicates that BJs Wholesale Club Holdings Inc has maintained a relatively low level of debt compared to its equity, with most periods showing a debt-to-equity ratio of 0.00. The slight increases in the ratio in certain periods may suggest strategic decisions to leverage debt for growth or investment opportunities.
Peer comparison
Jan 31, 2025