Dave & Buster’s Entertainment (PLAY)

Debt-to-assets ratio

Jan 31, 2025 Feb 4, 2024 Jan 31, 2024 Jan 31, 2023 Jan 29, 2023
Long-term debt US$ in thousands 1,284,000 1,222,700
Total assets US$ in thousands 4,015,800 3,754,400 3,754,400 3,760,990 3,761,000
Debt-to-assets ratio 0.00 0.34 0.00 0.00 0.33

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,015,800K
= 0.00

The debt-to-assets ratio of Dave & Buster’s Entertainment has shown fluctuating trends based on the provided data. As of January 29, 2023, the ratio stood at 0.33, indicating that approximately 33% of the company’s assets were funded by debt. Subsequently, the ratio dropped to 0.00 by January 31, 2023, and remained at that level through January 31, 2024. This suggests that the company either significantly reduced its debt levels or increased its asset base during this period.

However, by February 4, 2024, the debt-to-assets ratio increased to 0.34, signaling a slight shift towards debt financing relative to assets. The ratio then reverted to 0.00 by January 31, 2025. Overall, the company's debt-to-assets ratio reflects varying degrees of leverage over the period analyzed, with a mix of conservative and potentially more aggressive financial strategies being employed at different points in time.