Ulta Beauty Inc (ULTA)
Debt-to-capital 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 800,000 | 800,000 | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,279,330 | 2,028,540 | 2,051,880 | 2,018,070 | 1,959,810 | 1,922,260 | 1,769,070 | 1,745,620 | 1,535,370 | 1,986,800 | 1,879,810 | 1,844,720 | 1,999,550 | 1,854,440 | 1,770,790 | 1,753,960 | 1,902,090 | 1,847,160 | 1,839,450 | 1,941,570 |
| Debt-to-capital 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 | 0.31 | 0.31 | 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 been consistently at 0.00 for most of the recent quarters, indicating that the company has been operating with minimal debt relative to its total capital. However, there was a notable increase to 0.31 in both August 1, 2020, and May 2, 2020. This suggests that during these periods, the company had a relatively higher level of debt compared to its capital. Overall, the trend of predominantly low or zero debt-to-capital ratios reflects a conservative approach to financing operations and investments, which may indicate a lower financial risk and potential stability in the company's capital structure.
Peer comparison
Feb 3, 2024