La-Z-Boy Incorporated (LZB)
Debt-to-equity 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-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 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,021,270K
= 0.00
Based on the data provided, La-Z-Boy Incorporated has consistently maintained a debt-to-equity ratio of 0.00 across multiple periods, including April 30, 2022, July 31, 2024, and January 31, 2025. A debt-to-equity ratio of 0.00 indicates that the company has no debt on its balance sheet in relation to its equity. This suggests that La-Z-Boy is primarily financed by equity rather than debt, which could be viewed positively by investors and creditors as it indicates a lower financial risk and potential for higher returns on equity. Maintaining a debt-to-equity ratio of 0.00 over an extended period may also reflect the company's conservative approach to capital structure management and financial stability.
Peer comparison
Jan 31, 2025