Designer Brands Inc (DBI)
Debt-to-capital ratio
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 225,536 | 272,319 | — |
| Total stockholders’ equity | US$ in thousands | 362,508 | 436,056 | 412,396 | -3,286 | -2,495 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.35 | 1.01 | — |
February 3, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $362,508K)
= 0.00
The debt-to-capital ratio of Designer Brands Inc has exhibited a significant decrease over the past three years. As of February 3, 2024, the company's debt-to-capital ratio stands at 0.00, indicating a conservative capital structure with minimal reliance on debt. This contrasts sharply with the previous years where the ratio was 0.00 as well in 2023, 0.35 in 2022, and 1.01 in 2021. The substantial decline in the debt-to-capital ratio suggests a prudent shift towards reducing debt levels and improving the company's overall financial health. It is important to note that data for 2020 is not available for comparison. This trend towards lower debt levels may enhance financial stability and resilience for Designer Brands Inc in the long term.
Peer comparison
Feb 3, 2024