Ollie's Bargain Outlet Hldg (OLLI)
Debt-to-assets ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 0 | — | — | 0 |
| Total assets | US$ in thousands | 2,561,140 | 2,294,590 | 2,294,590 | 2,044,100 | 2,044,100 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,561,140K
= 0.00
Based on the given data, Ollie's Bargain Outlet Hldg has consistently maintained a debt-to-assets ratio of 0.00 over multiple periods, including January 28, 2023, January 31, 2023, January 31, 2024, February 3, 2024, and January 31, 2025.
A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets during the specified periods. This low ratio suggests that Ollie's Bargain Outlet Hldg is primarily financing its operations through equity rather than debt.
Having a debt-to-assets ratio of 0.00 can imply that the company has a strong financial position with minimal financial risk associated with debt obligations. It may also indicate that the company has sufficient liquidity and financial stability to support its business operations without relying heavily on borrowed funds.
Overall, the consistent 0.00 debt-to-assets ratio reflects Ollie's Bargain Outlet Hldg's prudent financial management and suggests a healthy balance sheet structure with little financial leverage.
Peer comparison
Jan 31, 2025