Shoe Carnival Inc (SCVL)
Debt-to-assets ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,124,130 | 1,124,430 | 1,115,030 | 1,092,580 | 1,042,020 | 1,134,740 | 1,023,470 | 1,023,470 | 1,043,200 | 1,043,200 | 976,629 | 976,629 | 989,781 | 989,781 | 966,336 | 966,336 | 914,515 | 914,515 | 861,734 | 812,264 |
| 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 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,124,130K
= 0.00
Shoe Carnival Inc has consistently maintained a debt-to-assets ratio of 0.00 over multiple periods from January 31, 2022, to January 31, 2025. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets. This suggests that Shoe Carnival relies primarily on equity financing rather than debt to fund its operations and investments. A low or zero debt-to-assets ratio is generally viewed positively by investors and creditors as it indicates a lower financial risk and greater financial stability for the company. This stable financial position may enable Shoe Carnival to better withstand economic downturns and pursue growth opportunities in the future.
Peer comparison
Jan 31, 2025