Chewy Inc (CHWY)
Debt-to-equity ratio
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 510,244 | 160,268 | 14,736 | -2,004 | -403,974 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | — | — |
January 28, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $510,244K
= 0.00
The debt-to-equity ratio of Chewy Inc has consistently been reported as 0.00 for the past three fiscal years, ending January 28, 2024, January 29, 2023, and January 30, 2022. This indicates that the company has not utilized any debt to fund its operations during these years, and its capital structure has been primarily equity-financed. However, data for the fiscal years ending January 31, 2021, and February 2, 2020, is unavailable, making it challenging to assess the historical trend of the debt-to-equity ratio over a longer period. Nevertheless, a consistent 0.00 debt-to-equity ratio suggests that Chewy Inc has chosen to operate with minimal or no debt leverage, potentially reducing financial risk and interest obligations while relying more on equity financing for its business activities.
Peer comparison
Jan 28, 2024