Boot Barn Holdings Inc (BOOT)
Debt-to-equity ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,131,060 | 943,643 | 776,450 | 599,676 | 394,891 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,131,060K
= 0.00
Based on the data provided, Boot Barn Holdings Inc has consistently maintained a debt-to-equity ratio of 0.00 across multiple years, including March 31, 2021 to March 31, 2025. This implies that the company has been primarily funded by equity rather than debt.
A debt-to-equity ratio of 0.00 indicates that the company has no debt on its balance sheet and relies solely on equity financing. This can be viewed positively by investors and creditors as it suggests a strong financial position and a lower risk of financial distress due to debt obligations. However, it is essential to consider that a very low or zero debt-to-equity ratio may also indicate limited leverage which can restrict the company's ability to take advantage of potential growth opportunities.
Overall, the consistent 0.00 debt-to-equity ratio of Boot Barn Holdings Inc reflects a conservative capital structure and a potential aversion to debt financing, which may be a strategic choice by the company to maintain financial stability and flexibility.
Peer comparison
Mar 31, 2025