Buckle Inc (BKE)

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
Total assets US$ in thousands 913,173 976,270 940,271 906,070 889,810 889,810 921,207 921,207 861,547 861,547 848,860 848,860 837,579 837,579 884,147 884,147 809,064 809,064 789,034 780,884
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $913,173K
= 0.00

The debt-to-assets ratio for Buckle Inc has consistently been reported as 0.00 from January 31, 2022, to January 31, 2025. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity, which may suggest a conservative financial approach or a strong financial position with low financial leverage. It also implies that the company is not relying on borrowed funds to support its operations or expansion, thereby potentially reducing financial risks associated with debt repayment obligations.