La-Z-Boy Incorporated (LZB)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,020,620K
= 0.00
The debt-to-equity ratio for La-Z-Boy Incorporated remained at 0.00 across all the observed dates, including April 29, 2023; April 30, 2023; April 27, 2024; April 30, 2024; and April 30, 2025. This consistent zero value indicates that the company has not reported any interest-bearing debt during these periods. Consequently, La-Z-Boy's capital structure appears to be entirely equity-financed, with no significant use of debt obligations. The absence of debt reduces leverage-related financial risks and suggests a conservative capital management approach, potentially enhancing financial stability and flexibility. However, it may also imply limited utilization of leverage to augment growth opportunities or optimize the company's capital structure.
Peer comparison
Apr 30, 2025