La-Z-Boy Incorporated (LZB)
Debt-to-assets ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,922,160 | 1,913,440 | 1,913,440 | 1,866,260 | 1,866,260 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,922,160K
= 0.00
The debt-to-assets ratio of La-Z-Boy Incorporated, as presented in the provided data, consistently registers at 0.00 across multiple dates spanning from April 29, 2023, to April 30, 2025. This indicates that during this period, the company has maintained an essentially zero level of debt relative to its total assets, implying that its assets are financed entirely through equity and retained earnings rather than through borrowed funds. Such a consistent ratio suggests a conservative financial structure with minimal reliance on external debt, positioning the company as potentially less exposed to interest rate fluctuations and debt servicing obligations. This financial stance may reflect strategic choices aimed at stability and low leverage, or could indicate a robust equity base that obviates the need for debt financing.
Peer comparison
Apr 30, 2025