Lululemon Athletica Inc. (LULU)

Debt-to-equity ratio

		Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020	Nov 3, 2019	Aug 4, 2019	May 5, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	4,232,080	3,525,850	3,533,480	3,320,080	3,148,800	3,039,200	2,857,800	2,668,050	2,740,050	2,658,460	2,671,170	2,639,860	2,558,570	2,162,950	2,001,100	1,835,790	1,952,220	1,648,740	1,507,380	1,366,720
Debt-to-equity ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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

The debt-to-equity ratio for Lululemon Athletica Inc. has consistently been recorded as 0.00 across multiple reporting periods. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity, suggesting that Lululemon Athletica's capital structure is primarily equity-financed. This signifies a strong financial position and financial stability, as the company is not relying on debt to fund its operations or expansion. Additionally, a low or zero debt-to-equity ratio can reduce financial risk and interest costs for the company. Overall, based on the consistent and low debt-to-equity ratio, Lululemon Athletica appears to have a robust balance sheet and sound financial management.