Ollie's Bargain Outlet Hldg (OLLI)

Debt-to-capital 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 stockholders’ equity	US$ in thousands	1,508,230	1,362,070	1,287,710	1,334,880	1,058,880
Debt-to-capital ratio		0.00	0.00	0.00	0.00	0.00

February 3, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $0K ÷ ($0K + $1,508,230K)
= 0.00

The debt-to-capital ratio for Ollie's Bargain Outlet Hldg has consistently been reported as 0.00 over the past five years (from 2020 to 2024). A debt-to-capital ratio of 0.00 indicates that the company has not used any debt in its capital structure during this period, as the ratio is calculated by dividing total debt by total capital (debt plus equity). This suggests that Ollie's Bargain Outlet Hldg has been primarily relying on equity financing to fund its operations and expansion rather than taking on debt. The consistent 0.00 debt-to-capital ratio may indicate a conservative financial strategy or strong financial position, as the company is not exposed to the risks associated with high levels of debt. It also implies that the company may have relatively low financial leverage and debt obligations compared to its equity.