Buckle Inc (BKE)

Debt-to-capital 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 stockholders’ equity	US$ in thousands	413,220	474,018	436,536	405,174	376,314	435,607	388,978	353,593	312,924	525,804	477,552	440,098	396,629	442,404	414,307	377,949	389,148	417,338	403,193	397,958
Debt-to-capital 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-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 multiple periods, indicating that the company has not used debt as a source of capital relative to its total capital structure. This suggests that the company has been primarily funded by equity rather than debt. A debt-to-capital ratio of 0.00 may signal that Buckle Inc follows a conservative financial strategy, preferring to rely on internal funds or equity financing to support its operations and growth. It is important to note that while a low or zero debt-to-capital ratio can signify financial strength and stability, it may also suggest limited leverage for potential growth opportunities or financial flexibility.