Buckle Inc (BKE)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 3, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $413,220K
= 0.00
The debt-to-equity ratio of Buckle Inc has consistently been reported as 0.00 over the past five years, indicating that the company has had no debt relative to its equity during this period. This suggests that Buckle Inc has been primarily financed by equity rather than debt. A debt-to-equity ratio of 0.00 may be viewed positively by investors and creditors as it signals a lower financial risk and a stronger financial position. However, it's important to note that a very low debt-to-equity ratio may also imply missed opportunities for leveraging debt to potentially enhance returns. Continued monitoring of the debt-to-equity ratio over time can provide insight into Buckle Inc's capital structure and financial risk management strategies.
Peer comparison
Feb 3, 2024