La-Z-Boy Incorporated (LZB)
Debt-to-capital ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,021,270 | 1,009,920 | 999,209 | 1,003,060 | 1,003,060 | 978,220 | 978,220 | 964,283 | 964,283 | 953,262 | 953,262 | 941,836 | 941,836 | 906,098 | 906,098 | 874,658 | 874,658 | 835,262 | 835,262 | 810,725 |
| Debt-to-capital 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 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,021,270K)
= 0.00
The debt-to-capital ratio for La-Z-Boy Incorporated has consistently remained at 0.00 over the analyzed periods from April 30, 2022, to January 31, 2025. This indicates that the company's total debt as a proportion of its total capital is negligible or non-existent. A debt-to-capital ratio of 0.00 signifies that the company is using little to no debt financing to fund its operations and growth, relying primarily on equity financing instead. This can be seen as a positive indicator of financial stability, as the absence of significant debt obligations reduces the company's financial risk and potential interest burdens. Additionally, a low debt-to-capital ratio may also suggest that the company has ample financial flexibility and capacity to pursue investment opportunities or weather economic downturns without being heavily burdened by debt repayments.
Peer comparison
Jan 31, 2025