Buckle Inc (BKE)
Debt-to-equity 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-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 |
February 3, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $413,220K
= 0.00
The debt-to-equity ratio for Buckle Inc has consistently been reported as 0.00 across multiple periods, indicating that the company has not used any debt to finance its operations relative to its equity. A debt-to-equity ratio of 0.00 suggests that the company is not relying on borrowed funds to run its business and is primarily funded by shareholders' equity. This could be seen as a positive sign for the company, as it may indicate a strong financial position with minimal financial risk associated with debt obligations. However, it's important to note that a low or zero debt-to-equity ratio may also imply missed opportunities for leveraging debt to potentially enhance returns for shareholders.
Peer comparison
Feb 3, 2024