Chewy Inc (CHWY)

Debt-to-assets ratio

		Jan 31, 2025	Jan 31, 2024	Jan 28, 2024	Jan 31, 2023	Jan 29, 2023
Long-term debt	US$ in thousands	—	—	—	—	—
Total assets	US$ in thousands	3,014,530	3,186,850	3,186,850	2,515,080	2,519,820
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,014,530K
= 0.00

The debt-to-assets ratio for Chewy Inc has been consistently at 0.00% across the periods from January 29, 2023, to January 31, 2025. This indicates that the company has not relied on debt to finance its assets during these periods. A low or zero debt-to-assets ratio is generally seen as favorable, as it suggests lower financial risk and a healthier financial position, as the company is not heavily leveraged. Chewy Inc's consistent 0.00% debt-to-assets ratio reflects a strong financial standing and effective management of its capital structure.

Peer comparison

Jan 31, 2025

Company name

Symbol

Debt-to-assets ratio

Chewy Inc

CHWY

0.00

Insight Enterprises Inc