Buckle Inc (BKE)
Debt-to-capital ratio
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 413,220 | 376,314 | 312,924 | 396,629 | 389,148 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 3, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $413,220K)
= 0.00
The debt-to-capital ratio for Buckle Inc has consistently been reported as 0.00 for the past five fiscal years, indicating that the company has not utilized any debt as a source of capital relative to its total capital structure. This suggests that Buckle Inc has been funding its operations, investments, and growth primarily through equity financing rather than taking on debt. A debt-to-capital ratio of 0.00 typically signals that the company is either debt-free or has an insignificant amount of debt compared to its total capital, which may imply a lower financial risk and potentially stronger financial health. However, it is important to consider that while a low or zero debt-to-capital ratio can be favorable in terms of financial stability and flexibility, it may also limit the company's ability to leverage debt for strategic purposes such as tax benefits or expansion opportunities. Additionally, it is essential to monitor future changes in the debt-to-capital ratio to assess any shifts in the company's capital structure and financial risk profile.
Peer comparison
Feb 3, 2024