Buckle Inc (BKE)

Debt-to-equity ratio

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 3, 2024	Jan 31, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022	Apr 30, 2022	Jan 31, 2022
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	423,804	488,389	458,644	433,815	413,220	413,220	474,018	474,018	436,536	436,536	405,174	405,174	376,314	376,314	435,607	435,607	388,978	388,978	353,593	312,924
Debt-to-equity 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

January 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $423,804K
= 0.00

Buckle Inc has consistently maintained a debt-to-equity ratio of 0.00 over the past several years based on the provided data. This indicates that the company has been operating with no financial leverage, meaning that it has been primarily funded by its equity rather than debt capital.

A debt-to-equity ratio of 0.00 signifies that Buckle Inc has no long-term debt or financial obligations relative to its shareholders' equity. This could indicate a conservative financial strategy, as the company may be avoiding the risks associated with debt, such as interest payments and potential financial distress during economic downturns.

While a low debt-to-equity ratio can be viewed positively from a risk perspective, it is important to consider the potential trade-offs, such as missed growth opportunities that could be financed through debt. Additionally, a consistently low ratio may raise questions about the company's ability to effectively leverage debt to drive growth and expansion.

Overall, Buckle Inc's consistent debt-to-equity ratio of 0.00 suggests a prudent financial approach that prioritizes stability and equity financing over leverage.