Five Below Inc (FIVE)

Debt-to-capital ratio

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 577,849,000 1,584,960 1,584,960 1,361,930 1,361,930
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

January 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $577,849,000K)
= 0.00

Based on the provided data, the debt-to-capital ratio for Five Below Inc has remained consistently at 0.00 over the five periods analyzed (January 28, 2023 to January 31, 2025). A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during these periods. This signifies that Five Below Inc is not relying on debt financing to fund its operations, investments, or growth initiatives, and instead, it is primarily using equity to finance its activities. It suggests a strong financial position with minimal financial risk related to debt obligations.