Box Inc (BOX)

Debt-to-equity ratio

Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 197,276 61,033 -33,861 92,793 151,065
Debt-to-equity ratio 0.00 0.00 0.00 0.00

January 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $197,276K
= 0.00

Box Inc has consistently maintained a debt-to-equity ratio of 0.00 over the years 2021, 2022, 2024, and 2025. This indicates that the company has not utilized any debt in its capital structure during these periods and has relied solely on equity financing. However, it is noted that the data for January 31, 2023, is not available ("\u2014"), possibly indicating a lack of clarity on the company's financial position for that specific period. The consistent 0.00 debt-to-equity ratio suggests that Box Inc has a conservative financial policy and a strong equity base to support its operations and growth without incurring debt obligations.