Burlington Stores Inc (BURL)

Debt-to-capital ratio

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 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 996,932 850,476 825,859 801,474 794,905 638,728 633,877 716,156 760,417 716,807 675,695 539,892 464,754 286,576 262,260 279,101 528,149 391,588 315,137 278,548
Debt-to-capital 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 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 of Burlington Stores Inc has consistently been reported as 0.00 in the financial statements across multiple quarters. This indicates that the company has not utilized debt as a significant source of financing relative to its capital structure. A debt-to-capital ratio of 0.00 suggests that the company has primarily relied on equity financing for its operations and expansion, which can be seen as a positive indicator of financial stability and prudent financial management. It is important to note that a debt-to-capital ratio of 0.00 does not necessarily mean that the company has no debt at all, but rather that the debt level is negligible compared to the total capital employed by the company.


Peer comparison

Feb 3, 2024

Company name
Symbol
Debt-to-capital ratio
Burlington Stores Inc
BURL
0.00
Kohls Corp
KSS
0.30
Macy’s Inc
M
0.40