Burlington Stores Inc (BURL)
Debt-to-assets ratio
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 8,770,410 | 8,442,860 | 7,821,440 | 7,695,250 | 7,706,840 | 7,493,700 | 6,915,540 | 7,003,880 | 7,269,600 | 7,101,510 | 6,733,360 | 6,933,480 | 7,089,510 | 7,277,830 | 6,992,500 | 7,051,040 | 6,781,090 | 6,908,800 | 6,369,930 | 6,640,680 |
| Debt-to-assets 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 1, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,770,410K
= 0.00
Burlington Stores Inc has consistently maintained a debt-to-assets ratio of 0.00 over the period from May 2, 2020, to February 1, 2025. A debt-to-assets ratio of 0.00 indicates that the company has not utilized any debt to finance its assets during this period. This signifies that Burlington Stores Inc has a strong financial position with little to no reliance on debt to support its operations and investments. A lower debt-to-assets ratio is generally considered favorable as it implies lower financial risk and higher solvency. In the case of Burlington Stores Inc, the consistent 0.00 debt-to-assets ratio reflects a prudent financial strategy of managing operations and investments without taking on significant debt obligations.
Peer comparison
Feb 1, 2025