Burlington Stores Inc (BURL)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 3, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $996,932K
= 0.00
The debt-to-equity ratio for Burlington Stores Inc has consistently been reported as 0.00 over the past five years, from February 2020 to February 2024. This indicates that the company has either no debt or very minimal debt relative to its equity. A debt-to-equity ratio of 0.00 suggests that the company relies more on equity financing rather than debt to fund its operations and growth. This could signify a strong financial position, as lower debt levels generally entail lower financial risk and potentially lower interest expenses. However, it's important to note that a debt-to-equity ratio of 0.00 may also indicate that the company is not utilizing debt as a part of its capital structure strategy or that there may be errors in the data reporting. Further analysis and context would be needed to fully understand the implications of Burlington Stores Inc's consistent debt-to-equity ratio of 0.00 over the five-year period.
Peer comparison
Feb 3, 2024