Lululemon Athletica Inc. (LULU)

Debt-to-assets ratio

		Jan 31, 2025	Jan 31, 2024	Jan 28, 2024	Jan 31, 2023	Jan 29, 2023
Long-term debt	US$ in thousands	—	—	—	—	—
Total assets	US$ in thousands	6,931,740	7,091,940	7,091,940	5,607,040	5,607,040
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,931,740K
= 0.00

The debt-to-assets ratio of Lululemon Athletica Inc. has consistently remained at 0.00 over the five periods from January 29, 2023, to January 31, 2025. This indicates that the company has either very minimal or no debt in relation to its total assets during these periods. A debt-to-assets ratio of 0.00 signifies that the company's assets are primarily financed by equity rather than debt. This financial stability suggests that Lululemon Athletica Inc. has a strong financial position and is not overly reliant on debt to fund its operations or investments.