Ulta Beauty Inc (ULTA)
Debt-to-capital ratio
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,279,330 | 1,959,810 | 1,535,370 | 1,999,550 | 1,902,090 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 3, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,279,330K)
= 0.00
The debt-to-capital ratio for Ulta Beauty Inc has consistently been 0.00 over the past five fiscal years, including the latest data as of February 3, 2024. This indicates that the company has not utilized any debt to finance its operations relative to its capital structure during these periods. A debt-to-capital ratio of 0.00 suggests that Ulta Beauty Inc has been funding its operations mostly through equity rather than debt financing, which may signify financial stability and a lower risk of default. It is important to note that a debt-to-capital ratio of 0.00 may not provide a complete picture of the company's capital structure and financial health, as other financial metrics should be considered in conjunction for a more comprehensive analysis.
Peer comparison
Feb 3, 2024