Ollie's Bargain Outlet Hldg (OLLI)

Debt-to-capital ratio

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Long-term debt	US$ in thousands	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total stockholders’ equity	US$ in thousands	1,508,230	1,440,370	1,414,980	1,383,960	1,362,070	1,318,120	1,312,190	1,302,440	1,287,710	1,260,480	1,399,110	1,386,640	1,334,880	1,267,480	1,218,050	1,094,180	1,058,880	1,006,940	1,017,470	988,376
Debt-to-capital 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

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 been consistently reported as 0.00 across multiple periods, indicating that the company has not utilized debt as a significant component of its capital structure. A debt-to-capital ratio of 0.00 suggests that the company's total debt is either minimal or nonexistent when compared to its total capital. This could imply that Ollie's Bargain Outlet Hldg relies more on equity financing or internally generated funds to support its operations and growth initiatives. While a low debt-to-capital ratio can reflect a lower risk of financial distress, it is important to consider the company's overall financial health, profitability, and growth prospects in conjunction with this ratio to gain a comprehensive understanding of its financial position.