Designer Brands Inc (DBI)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.08 | 1.07 | 0.74 | 0.55 | 0.42 | 0.59 | — | — | — | — | — | — | — | — | — |
February 3, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $362,508K
= 0.00
The debt-to-equity ratio of Designer Brands Inc has shown fluctuation over the past few quarters. As of Feb 3, 2024, the company had a debt-to-equity ratio of 0.00, indicating that there was no debt in relation to its equity at that period. In the previous quarter, the ratio remained at 0.00, suggesting a consistent lack of debt in the company's financial structure.
However, looking back to the middle of 2022, the debt-to-equity ratio increased to 1.08, indicating a higher level of debt compared to equity. This trend continued in the subsequent quarter with a slight decrease to 1.07. By the end of 2022, the ratio improved to 0.74, indicating a reduction in debt relative to equity.
Further analysis reveals that the debt-to-equity ratio continued to decline in the subsequent quarters, reaching 0.55 in Jan 29, 2022, and 0.42 in Oct 30, 2021. This downward trend suggests a strengthening financial position with lower reliance on debt financing.
It is worth noting that there is missing data for some quarters, including the latest one. Overall, the trend in the debt-to-equity ratio of Designer Brands Inc indicates a recent shift towards a more balanced and potentially less leveraged capital structure, reflecting improved financial health and stability.
Peer comparison
Feb 3, 2024