Designer Brands Inc (DBI)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 362,508 | 390,792 | 462,962 | 443,247 | 436,056 | 383,512 | 360,948 | 416,793 | 412,396 | 393,661 | 311,112 | -2,743 | -3,286 | -4,758 | -4,919 | -6,209 | -2,495 | -2,337 | -2,586 | -3,266 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.52 | 0.52 | 0.42 | 0.35 | 0.30 | 0.37 | 1.01 | 1.01 | 1.02 | 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 shown fluctuations over the past few quarters. From May 1, 2021, to Jan 29, 2022, the ratio decreased steadily from 0.37 to 0.30, indicating a decreasing reliance on debt to finance the company's operations relative to its total capital. However, a noticeable increase occurred in the following quarter ending Apr 30, 2022, with the ratio rising to 0.42. Subsequently, the ratio continued to climb, reaching 0.52 by Oct 29, 2022, and remaining at that level for the next two quarters.
This rise in the debt-to-capital ratio from the trend of decreasing values may suggest a shift in the company's financing strategy towards using more debt in its capital structure. It would be essential for stakeholders to monitor this trend to assess the potential impact on the company's financial health and risk profile. Additionally, the absence of data for the most recent quarters restricts a comprehensive analysis of the company's current debt-to-capital ratio trend.
Peer comparison
Feb 3, 2024