Chewy Inc (CHWY)
Debt-to-equity ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 261,459 | 510,244 | 510,244 | 213,957 | 160,268 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $261,459K
= 0.00
Chewy Inc's debt-to-equity ratio has consistently been at 0.00 from January 29, 2023, to January 31, 2025. This indicates that the company has not utilized any debt to finance its operations and growth but has relied solely on equity financing. A debt-to-equity ratio of 0.00 typically suggests a conservative financial structure, as there is no debt present to increase financial risk. This may be perceived positively by investors, as it implies lower leverage and potentially lower financial risk for the company. However, it's important to note that relying excessively on equity financing may limit the company's ability to take advantage of debt-related tax shields or leverage opportunities for growth.
Peer comparison
Jan 31, 2025