Burlington Stores Inc (BURL)
Debt-to-assets ratio
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 8,770,410 | 7,706,840 | 7,269,600 | 7,089,510 | 6,781,090 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 1, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,770,410K
= 0.00
Based on the data provided for Burlington Stores Inc, the debt-to-assets ratio has consistently been at 0.00 across multiple years, including January 30, 2021, January 29, 2022, January 28, 2023, February 3, 2024, and February 1, 2025.
A debt-to-assets ratio of 0.00 typically indicates that the company has no debt obligations in relation to its total assets. This suggests that Burlington Stores Inc has been primarily financing its operations and investments through equity rather than debt.
A debt-to-assets ratio of 0.00 can be seen as a positive sign as it shows financial strength, lower financial risk, and potential flexibility in managing future debt. However, it's important to note that a very low debt-to-assets ratio may also imply that the company is underleveraged and potentially missing out on the benefits of financial leverage.
In conclusion, based on the consistent 0.00 debt-to-assets ratio for Burlington Stores Inc over the years, the company appears to have a conservative debt management approach and a strong financial position in terms of debt financing.
Peer comparison
Feb 1, 2025