Shoe Carnival Inc (SCVL)
Debt-to-assets ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,042,020 | 1,023,470 | 1,043,200 | 976,629 | 989,781 | 966,336 | 914,515 | 861,734 | 812,264 | 786,509 | 784,056 | 750,089 | 642,747 | 623,343 | 689,518 | 629,550 | 628,374 | 647,712 | 693,373 | 628,618 |
| 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 |
February 3, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,042,020K
= 0.00
The debt-to-assets ratio for Shoe Carnival Inc has consistently been reported as 0.00 across multiple reporting periods. This indicates that the company has not had any debt in relation to its total assets during these periods. A debt-to-assets ratio of zero suggests that the company's assets are fully financed by equity, which could imply that Shoe Carnival Inc relies on internal funding or has chosen not to take on debt to support its operations. It is important to note that while a low or zero debt-to-assets ratio can indicate financial stability and lower financial risk, it may also suggest missed opportunities for leveraging debt to potentially enhance returns for shareholders. For a more comprehensive assessment of the company's overall capital structure and financial health, additional financial ratios and analysis would be necessary.
Peer comparison
Feb 3, 2024