Shoe Carnival Inc (SCVL)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 583,389 | 569,906 | 555,519 | 537,680 | 525,568 | 505,585 | 483,632 | 455,714 | 452,533 | 432,546 | 389,912 | 350,275 | 310,176 | 303,217 | 288,987 | 279,458 | 297,363 | 300,748 | 303,560 | 291,503 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $583,389K
= 0.00
The debt-to-equity ratio of Shoe Carnival Inc has consistently remained at 0.00 across the various reporting periods provided. This indicates that the company does not have any financial leverage in its capital structure, as there is no debt in relation to its equity. A debt-to-equity ratio of 0.00 suggests that the company is primarily funded by equity rather than debt, which may signify a low-risk approach to financing operations and potential lower financial risk for investors. However, it's important to note that a debt-to-equity ratio of 0.00 may also indicate that the company is not utilizing debt to potentially leverage growth opportunities or tax advantages.
Peer comparison
Feb 3, 2024