Ollie's Bargain Outlet Hldg (OLLI)

Debt-to-equity 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-equity ratio		0.00	0.00	0.00	0.00	0.00

February 3, 2024 calculation

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

The debt-to-equity ratio for Ollie's Bargain Outlet Hldg has consistently been reported as 0.00 across the past five financial years (Feb 3, 2024 - Feb 1, 2020). This indicates that the company has not reported any debt on its balance sheet in relation to its equity during this period. A debt-to-equity ratio of 0.00 signifies that the company is not utilizing any debt to finance its operations and growth, relying solely on equity financing. This may suggest a conservative financial strategy, as the company is not taking on financial leverage through debt. However, it's important to note that a 0.00 debt-to-equity ratio could also be an indicator of limited access to credit or potential missed opportunities for leveraging debt for strategic purposes. Further analysis of the company's financing decisions and overall financial health would be necessary to fully evaluate the implications of its consistent 0.00 debt-to-equity ratio over the years.