Shoe Carnival Inc (SCVL)
Debt-to-assets ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,124,130 | 1,042,020 | 1,042,020 | 989,781 | 989,781 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,124,130K
= 0.00
The debt-to-assets ratio for Shoe Carnival Inc over the years indicates a consistent trend of 0.00, implying that the company has had no debt relative to its total assets. This suggests that Shoe Carnival has been funding its operations and investments primarily through equity and retained earnings, rather than taking on debt. A debt-to-assets ratio of 0.00 typically signifies a low financial risk and a strong financial position, as the company is not relying on borrowed funds to finance its activities. This could indicate sound financial management and a conservative approach to capital structure, which may enhance the company's ability to weather economic downturns and pursue future growth opportunities.
Peer comparison
Jan 31, 2025