Buckle Inc (BKE)
Debt-to-equity ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 423,804 | 413,220 | 413,220 | 376,314 | 376,314 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $423,804K
= 0.00
Based on the provided data, Buckle Inc has consistently maintained a debt-to-equity ratio of 0.00 over the past five years, indicating that the company has no financial leverage through debt to support its operations. This suggests that Buckle Inc has been primarily funding its operations and growth using equity rather than debt. A debt-to-equity ratio of 0.00 signifies that the company's equity is sufficient to cover its liabilities, providing a strong financial position and potentially lower financial risk. However, it's important to note that a low or zero debt-to-equity ratio may also imply limited access to debt capital for potential investments or expansion. Overall, Buckle Inc's consistent 0.00 debt-to-equity ratio reflects a conservative financial strategy with minimal reliance on debt financing.
Peer comparison
Jan 31, 2025