Shoe Carnival Inc (SCVL)
Debt-to-equity ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 648,996 | 583,389 | 583,389 | 525,568 | 525,568 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $648,996K
= 0.00
Shoe Carnival Inc has consistently maintained a debt-to-equity ratio of 0.00 over the past five years, as per the financial data provided. This indicates that the company has not taken on any long-term debt relative to its equity during this period. A debt-to-equity ratio of 0.00 signifies that the company is funding its operations primarily through equity rather than debt financing. This may suggest that Shoe Carnival Inc has a conservative financial structure and a low level of financial risk associated with debt obligations. Additionally, a low or zero debt-to-equity ratio can be perceived positively by investors and creditors as it demonstrates strong financial health and stability.
Peer comparison
Jan 31, 2025