Chewy Inc (CHWY)
Debt-to-capital ratio
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 223,422 | 486,749 | 642,916 | 510,244 | 396,590 | 367,613 | 229,354 | 160,268 | 163,955 | 117,391 | 58,610 | 14,736 | 66,020 | 75,053 | 69,022 | -2,004 | -56,421 | -377,612 | -396,535 | -403,974 |
| 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 | — | — | — | — | — |
October 27, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $223,422K)
= 0.00
The debt-to-capital ratio for Chewy Inc consistently shows a value of 0.00 over the past several quarters, indicating that the company has no debt in its capital structure during the periods reported. This suggests that Chewy Inc relies more on equity financing rather than debt financing to fund its operations and growth. While a low or zero debt-to-capital ratio could signify financial stability and reduced financial risk, it is essential to consider the potential limitations of relying solely on equity financing, such as dilution of existing shareholders' ownership. Additionally, it is important to monitor how changes in the capital structure may impact the company's overall financial health and leverage in the future.
Peer comparison
Oct 27, 2024