Five Below Inc (FIVE)
Debt-to-assets 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 3,872,040 | 3,657,440 | 3,549,410 | 3,380,510 | 3,324,910 | 3,163,720 | 3,086,230 | 2,960,780 | 2,880,460 | 2,823,450 | 2,622,930 | 2,443,730 | 2,314,770 | 2,175,500 | 2,000,250 | 1,932,720 | 1,958,660 | 1,833,750 | 1,659,420 | 1,592,280 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 for Five Below Inc has consistently been reported as 0.00 based on the historical data provided. This indicates that the company has not used debt financing to fund its operations or growth, and that its assets are primarily financed by equity. A debt-to-assets ratio of 0.00 signifies a low risk of financial distress due to debt obligations, as the company is not relying on borrowed funds to support its asset base. However, it is important to note that while a low debt-to-assets ratio may be considered favorable in terms of financial stability, it could also suggest that the company is not leveraging debt efficiently to potentially benefit from tax advantages or strategic growth opportunities. Investors and analysts may want to further investigate the company's capital structure and financial strategy to better understand its overall financial health and performance.
Peer comparison
Feb 3, 2024