Helen of Troy Ltd (HELE)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 28, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,683,440K
= 0.00
Helen of Troy Ltd has consistently maintained a debt-to-equity ratio of 0.00 over the past five years, including the most recent fiscal year ending on February 28, 2025. This indicates that the company has not relied on debt to finance its operations and growth, opting instead for a capital structure heavily skewed towards equity. A low debt-to-equity ratio can signify financial stability, as it suggests lower financial risk and less dependence on external borrowing. Additionally, a 0.00 debt-to-equity ratio implies that all financing has been sourced from equity, which may be positively perceived by investors and creditors alike.