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