Helen of Troy Ltd (HELE)
Debt-to-capital ratio
| Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,683,440 | 1,637,440 | 1,488,810 | 1,327,340 | 1,239,350 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 28, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,683,440K)
= 0.00
Helen of Troy Ltd has consistently maintained a debt-to-capital ratio of 0.00 over the past five years, as indicated in the financial data. This suggests that the company has not relied heavily on debt to finance its operations and investments relative to its total capital structure, which includes both debt and equity. A debt-to-capital ratio of 0.00 typically indicates that the company has a strong financial position and may have a conservative approach to leverage. However, it is important to note that a low debt-to-capital ratio may also reflect limited growth opportunities or conservative financial policies. Further analysis of the company's overall financial health and performance indicators would provide a more comprehensive assessment of its financial position.