Ollie's Bargain Outlet Hldg (OLLI)

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

The debt-to-equity ratio for Ollie's Bargain Outlet Holdings has consistently been 0.00 across multiple reporting periods. This indicates that the company has not used any long-term debt to finance its operations and growth, relying solely on equity financing. A debt-to-equity ratio of 0.00 suggests that Ollie's Bargain Outlet Holdings has a very conservative capital structure with no financial leverage, which can be viewed positively as it signifies lower financial risk. However, it is essential to consider that a lack of debt may limit the company's ability to benefit from potential tax advantages associated with debt financing. Overall, Ollie's Bargain Outlet Holdings' consistent 0.00 debt-to-equity ratio indicates a cautious approach to capital structure management.