Burlington Stores Inc (BURL)
Debt-to-capital ratio
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 996,932 | 794,905 | 760,417 | 464,754 | 528,149 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 3, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $996,932K)
= 0.00
The debt-to-capital ratio for Burlington Stores Inc has consistently been 0.00 over the past five years, indicating that the company has not used any debt to finance its operations relative to its capital structure. This suggests that Burlington Stores Inc relies primarily on equity financing to fund its operations and expansion initiatives. A debt-to-capital ratio of 0.00 reflects a strong financial position with limited financial leverage and lower risk of default on debt obligations. However, it is important to note that a very low debt-to-capital ratio may also indicate missed opportunities for potential growth or expansion that could be achieved with prudent use of debt financing.
Peer comparison
Feb 3, 2024