Ollie's Bargain Outlet Hldg (OLLI)

Solvency ratios

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
Debt-to-assets 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
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
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
Financial leverage ratio 1.52 1.52 1.52 1.51 1.50 1.52 1.52 1.53 1.53 1.54 1.46 1.47 1.50 1.52 1.51 1.50 1.51 1.52 1.52 1.50

Based on the solvency ratios of Ollie's Bargain Outlet Holding, the company shows a consistent and strong financial position in terms of leverage and debt management.

The debt-to-assets, debt-to-capital, and debt-to-equity ratios consistently show 0.00, indicating that the company has either no debt or a negligible amount of debt relative to its assets and capital structure. This implies that the company relies more on equity financing rather than debt to fund its operations and expansion.

The financial leverage ratio fluctuates slightly over the periods but generally hovers around 1.52, indicating that the company has a moderate level of financial leverage. A ratio of 1.52 means that for every $1 of equity, the company has around $1.52 in total assets. This suggests that the company uses a reasonable level of debt to finance its operations while maintaining a healthy equity base.

Overall, the solvency ratios paint a picture of Ollie's Bargain Outlet Holding as being in a stable financial position with a prudent approach to debt management, which can provide a solid foundation for growth and stability in the future.


Coverage ratios

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
Interest coverage 853.18 730.04 707.91 583.57 511.40 471.38 474.04 587.95 799.19 905.66 1,013.36 1,194.30 1,083.98 1,005.38 919.24 679.89 580.59 487.56 402.82 361.94

The interest coverage ratio for Ollie's Bargain Outlet Hldg has shown a consistently strong performance over the various quarters, indicating the company's ability to meet its interest obligations comfortably. The ratio has remained above 500 in all periods, with some quarters even exceeding 1,000, highlighting a robust capacity to cover interest expenses with its earnings.

This sustained high interest coverage ratio suggests that Ollie's Bargain Outlet Hldg generates sufficient operating income to cover its interest payments multiple times over, reducing the financial risk associated with debt repayment. Investors and creditors may view this as a positive sign of the company's financial health and stability, indicating a lower likelihood of default on its debt obligations. Additionally, the trend of increasing interest coverage ratio over time further underscores the company's improving financial strength and efficiency in managing its debt.