Helen of Troy Ltd (HELE)
Debt-to-assets ratio
| Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 3,132,080 | 2,838,620 | 2,913,720 | 2,823,450 | 2,263,490 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 28, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,132,080K
= 0.00
Helen of Troy Ltd's debt-to-assets ratio has consistently remained at 0.00 from February 28, 2021, to February 28, 2025. This indicates that the company has not utilized debt as part of its capital structure to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company relies on equity financing or other sources of funding to support its operations and investments, rather than taking on debt obligations. This low level of debt relative to assets may signify a conservative financial strategy that helps the company avoid the risks associated with high leverage. It also indicates strong financial stability and resilience, as the absence of debt obligations reduces the company's interest expense and financial risk exposure.