Burlington Stores Inc (BURL)
Debt-to-equity 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-equity 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-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 specified time periods. This indicates that the company has not used any debt to finance its operations and growth, relying solely on equity financing. A debt-to-equity ratio of 0.00 signifies a very low risk of financial distress due to debt obligations and suggests a conservative financial strategy. However, it is also important to consider the potential impact of debt on the company's capital structure, cost of capital, and overall financial flexibility in the long term.
Peer comparison
Feb 3, 2024
Company name
Symbol
Debt-to-equity ratio
Burlington Stores Inc
BURL
0.00
Kohls Corp
KSS
0.42
Macy’s Inc
M
0.65