Burlington Stores Inc (BURL)
Debt-to-equity ratio
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,370,500 | 996,932 | 794,905 | 760,417 | 464,754 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 1, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,370,500K
= 0.00
Based on the data provided, Burlington Stores Inc has consistently maintained a debt-to-equity ratio of 0.00 from January 30, 2021, to February 1, 2025. A debt-to-equity ratio of 0.00 indicates that the company has no debt on its balance sheet relative to its equity. This suggests that the company is primarily financed by equity investments rather than debt financing. Having a low or zero debt-to-equity ratio can be favorable as it signifies lower financial risk and a stronger financial position, as the company is not burdened by excessive debt obligations. Burlington Stores Inc's consistent zero debt-to-equity ratio is a positive indicator of its financial stability and conservative financial management approach.
Peer comparison
Feb 1, 2025