Ulta Beauty Inc (ULTA)
Debt-to-capital 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 | 2,488,350 | 2,279,330 | 2,279,330 | 1,959,810 | 1,959,810 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,488,350K)
= 0.00
Ulta Beauty Inc's debt-to-capital ratio has consistently remained at 0.00 over the past five periods, including January 28, 2023, January 31, 2023, January 31, 2024, February 3, 2024, and January 31, 2025. A debt-to-capital ratio of 0.00 indicates that the company has no long-term debt in its capital structure. This implies that Ulta Beauty Inc relies primarily on equity financing to fund its operations and expansion, which can be seen as a positive signal for investors and creditors as it signifies lower financial risk and a stronger financial position. It also suggests that the company has no significant financial leverage and is not heavily reliant on external borrowing to support its business activities.
Peer comparison
Jan 31, 2025