Designer Brands Inc (DBI)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.55 | — | — |
February 3, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $362,508K
= 0.00
The debt-to-equity ratio for Designer Brands Inc as of February 3, 2024, and January 28, 2023, indicates that the company had no debt during those periods, resulting in a ratio of 0.00. However, the ratio significantly increased to 0.55 as of January 29, 2022, suggesting that the company relied more on debt to finance its operations compared to the previous years. Unfortunately, there is no data available for the debt-to-equity ratio for the fiscal years ending January 30, 2021, and February 1, 2020, which limits the ability to track the historical trend and compare with the latest figure.
Peer comparison
Feb 3, 2024