La-Z-Boy Incorporated (LZB)
Debt-to-capital ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,020,620 | 1,003,060 | 1,003,060 | 941,836 | 941,836 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,020,620K)
= 0.00
The debt-to-capital ratio for La-Z-Boy Incorporated, as reflected in the provided data, consistently remains at 0.00 across all recorded dates, including April 29, 2023; April 30, 2023; April 27, 2024; April 30, 2024; and April 30, 2025. This indicates that the company has no recorded long-term debt or short-term debt obligations relative to its total capital during these periods. A debt-to-capital ratio of zero suggests that La-Z-Boy is entirely financed through equity, with no leverage from borrowed funds. This structure can imply a conservative approach to financial management, potentially reducing financial risk associated with debt obligations. However, it may also limit opportunities for leveraging debt to finance growth initiatives, depending on the company's strategic objectives.
Peer comparison
Apr 30, 2025