Buckle Inc (BKE)

Debt-to-assets ratio

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	889,810	921,207	861,547	848,860	837,579	884,147	809,064	789,034	780,884	993,830	932,685	916,207	845,814	897,879	855,823	801,650	867,890	898,115	872,433	880,365
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

February 3, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $889,810K
= 0.00

The debt-to-assets ratio for Buckle Inc has consistently been reported as 0.00 across multiple periods. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets. This suggests that Buckle Inc is operating with a debt-free capital structure, which may be viewed positively by investors and creditors due to the lower financial risk associated with lower debt levels. However, it is crucial to consider other financial metrics and factors when evaluating the company's overall financial health and performance.