Ollie's Bargain Outlet Hldg (OLLI)
Solvency ratios
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1.51 | 1.53 | 1.49 | 1.51 | 1.52 | 1.61 | 1.52 | 1.52 | 1.52 | 1.52 | 1.51 | 1.51 | 1.50 | 1.50 | 1.52 | 1.52 | 1.52 | 1.52 | 1.53 | 1.53 |
Based on the provided data, Ollie's Bargain Outlet Hldg has consistently maintained a strong solvency position over the years. The Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio have all remained at a stable and low level of 0.00, indicating that the company has not taken on significant debt relative to its assets, capital, or equity.
Furthermore, the Financial leverage ratio, which measures the company's reliance on debt financing, has also been relatively stable over the period analyzed. The ratio ranges between 1.49 and 1.61, showing a moderate increase in recent periods but still within a reasonable range.
Overall, these solvency ratios suggest that Ollie's Bargain Outlet Hldg has a conservative financial structure with minimal debt levels compared to its assets, capital, and equity. This indicates a lower risk of financial distress and demonstrates the company's ability to meet its financial obligations comfortably.
Coverage ratios
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | — | 4,508.90 | 67.45 | 61.99 | 57.43 | 48.57 | 1,327.62 | 64.94 | 64.75 | 40.60 | 43.74 | 66.48 | 63.66 | 128.29 | 82.50 | 221.58 | 273.32 | 443.56 | 485.65 | 603.62 |
The interest coverage ratio for Ollie's Bargain Outlet Hldg has shown fluctuation over the periods provided. As of January 31, 2022, the interest coverage ratio was very strong at 603.62, indicating that the company had a substantial buffer to cover its interest expenses with its operating earnings.
However, the ratio decreased to 485.65 by April 30, 2022, and continued to decline throughout the subsequent periods. By January 31, 2024, the interest coverage had dropped to 48.57. This downward trend suggests that the company may be facing challenges in generating enough operating income to comfortably cover its interest obligations.
The interest coverage ratio plummeted to a very low level of 1,327.62 on October 31, 2023, before slightly recovering in subsequent periods. The significant spike in the ratio on October 31, 2024, to a high value of 4,508.90 may indicate a one-time exceptional increase in operating income or a reduction in interest expenses.
It's worth noting that the interest coverage ratio for January 31, 2025, is marked as "—", suggesting that the data may not be available for that period.
In summary, while Ollie's Bargain Outlet Hldg has experienced fluctuations in its interest coverage ratio, the company should closely monitor this metric to ensure it maintains a healthy level of earnings relative to its interest expenses.