Five Below Inc (FIVE)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,584,960 | 1,361,930 | 1,120,280 | 881,886 | 759,778 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 3, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,584,960K
= 0.00
Based on the data provided, Five Below Inc has consistently maintained a debt-to-equity ratio of 0.00 over the past five years. This indicates that the company has no debt relative to its equity during this period. A debt-to-equity ratio of 0.00 suggests that the company is not relying on borrowed funds to finance its operations and investments, which can be seen as a positive indicator of financial strength and stability. It also implies that the company may have a strong equity base or that it has been able to generate sufficient internal funds to support its growth and capital expenditures without taking on debt. Overall, the consistent trend of a debt-to-equity ratio of 0.00 reflects Five Below Inc's conservative approach to capital structure and financial management.
Peer comparison
Feb 3, 2024