Designer Brands Inc (DBI)
Debt-to-assets ratio
| 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 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | 415,467 | 387,441 | 306,861 | 225,536 | 165,422 | 184,569 | 274,887 | 272,319 | 274,635 | 393,000 | — | — | — | — | — |
| Total assets | US$ in thousands | 2,076,230 | 2,132,580 | 2,147,340 | 2,134,500 | 2,009,620 | 2,171,380 | 2,102,440 | 2,087,740 | 2,014,630 | 2,093,940 | 1,946,050 | 2,032,460 | 1,976,600 | 2,226,720 | 2,273,260 | 2,437,840 | 2,465,070 | 2,536,980 | 2,557,250 | 2,549,170 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.19 | 0.18 | 0.15 | 0.11 | 0.08 | 0.09 | 0.14 | 0.14 | 0.12 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 3, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,076,230K
= 0.00
The debt-to-assets ratio of Designer Brands Inc has fluctuated over the analyzed period. From August 1, 2020, to April 30, 2022, the ratio steadily decreased from 0.17 to 0.11, indicating a reduction in the company's reliance on debt relative to its total assets. However, from July 31, 2021, to January 29, 2022, there was a slight uptick in the ratio from 0.08 to 0.14, suggesting a temporary increase in debt compared to assets.
Overall, the company demonstrated a relatively conservative debt management approach, with the ratio remaining below 0.20 in most periods, implying a lower financial risk and a stronger asset base relative to debt obligations. It is important to monitor this ratio over time to assess the company's ability to manage its debt levels effectively and maintain a healthy balance sheet position.
Peer comparison
Feb 3, 2024