Burlington Stores Inc (BURL)
Solvency ratios
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets 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 |
| 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 |
| 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 |
| Financial leverage ratio | 6.40 | 7.36 | 7.31 | 7.46 | 7.73 | 8.81 | 8.37 | 8.74 | 9.15 | 11.12 | 10.62 | 9.68 | 9.32 | 10.15 | 10.35 | 13.06 | 14.59 | 24.11 | 24.29 | 23.79 |
Burlington Stores Inc has consistently maintained a strong solvency position as evidenced by its low debt-to-assets ratio, debt-to-capital ratio, and debt-to-equity ratio. These ratios have remained at 0.00 across the reported periods, indicating that the company has minimal debt relative to its assets, capital, and equity.
Furthermore, the financial leverage ratio has shown a declining trend over the years, starting at 23.79 in May 2020 and decreasing to 6.40 by February 2025. This indicates that Burlington Stores has been reducing its reliance on debt financing and has been effectively managing its capital structure to achieve a more stable financial position.
Overall, the solvency ratios suggest that Burlington Stores Inc has a robust financial position with a conservative level of debt, which is a positive indicator of the company's ability to meet its financial obligations and sustain long-term growth.
Coverage ratios
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 220.17 | 130.32 | 149.47 | 131.63 | 109.69 | 134.02 | 93.82 | 82.42 | 70.11 | 49.83 | 50.20 | 70.68 | 95.13 | 90.82 | 88.42 | 50.54 | -82.97 | -83.38 | -63.78 | -12.94 |
The interest coverage ratio measures a company's ability to cover its interest expenses with its operating profits. A higher interest coverage ratio indicates that the company is more capable of meeting its interest obligations.
Analyzing the trend in Burlington Stores Inc's interest coverage ratio over the periods covered in the data:
- The interest coverage ratio was negative in the periods from May 2, 2020, to January 29, 2022, indicating that the company's operating profits were not sufficient to cover its interest expenses during those periods.
- From May 1, 2021, to October 28, 2023, there was a significant improvement in the interest coverage ratio, with the ratio increasing steadily.
- The interest coverage ratio reached its peak of 220.17 on February 1, 2025, reflecting a substantial increase in Burlington Stores Inc's ability to meet its interest payments.
Overall, the trend in the interest coverage ratio shows an initial period of financial strain followed by a significant improvement in the company's ability to cover its interest expenses. Investors and creditors may view the increasing trend positively as it indicates enhanced financial stability and the ability to comfortably manage debt obligations. It is essential for Burlington Stores Inc to maintain this positive trend to ensure continued financial health and sustainability.