Five Below Inc (FIVE)
Debt-to-assets ratio
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 3,872,040 | 3,324,910 | 2,880,460 | 2,314,770 | 1,958,660 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 3, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,872,040K
= 0.00
The debt-to-assets ratio of Five Below Inc has consistently been 0.00 over the past five years (from 2020 to 2024). This indicates that the company has not utilized debt to finance its assets during this period, suggesting a conservative capital structure with a low level of financial risk. A debt-to-assets ratio of 0.00 implies that the company's total liabilities are equal to zero or significantly lower than its total assets. This financial metric signals a strong financial position with a higher proportion of equity financing relative to debt. It also indicates that the company may have been able to fund its operations and expansion through internal resources or equity financing rather than relying on borrowing.
Peer comparison
Feb 3, 2024