Ollie's Bargain Outlet Hldg (OLLI)

Debt-to-assets ratio

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Long-term debt	US$ in thousands	0	0	0	0	0
Total assets	US$ in thousands	2,294,590	2,044,100	1,972,170	2,005,860	1,596,250
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00

February 3, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $0K ÷ $2,294,590K
= 0.00

The debt-to-assets ratio for Ollie's Bargain Outlet Hldg has consistently remained at 0.00 over the past five years, indicating that the company has not utilized debt to finance its operations or acquisitions during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, which can be seen as a positive sign for investors and creditors. It indicates a low financial risk, as there are no outstanding debts to be repaid that could potentially impact the company's financial stability. However, it is essential to consider that a debt-to-assets ratio of 0.00 may also indicate missed opportunities for leveraging debt for growth or expansion.