Lululemon Athletica Inc. (LULU)
Debt-to-equity ratio
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,232,080 | 3,148,800 | 2,740,050 | 2,558,570 | 1,952,220 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 28, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,232,080K
= 0.00
Based on the data provided, Lululemon Athletica Inc. has consistently maintained a debt-to-equity ratio of 0.00 for the past five years, spanning from January 28, 2024, to February 2, 2020. This indicates that the company has not relied on debt to finance its operations during this period. A debt-to-equity ratio of 0.00 signifies that the company has either zero debt or a significantly lower amount of debt relative to its equity. Lululemon's consistent low debt-to-equity ratio reflects a strong financial position and potentially lower financial risk compared to its peers who may have higher debt levels. This could be indicative of prudent financial management and a focus on maintaining a healthy balance sheet.
Peer comparison
Jan 28, 2024