Ulta Beauty Inc (ULTA)
Debt-to-equity 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-equity ratio | 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 ÷ $2,279,330K
= 0.00
The debt-to-equity ratio for Ulta Beauty Inc has consistently been at 0.00 for the past five fiscal years, including the most recent data for February 3, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure relative to its equity. This implies that the company is entirely financed by equity rather than debt. While having no debt can imply a lower financial risk due to no interest payments and lower bankruptcy risk, it may also limit potential returns as debt can be used to leverage investments. It is essential for investors and stakeholders to consider the company's overall financial health and performance in conjunction with the debt-to-equity ratio to gain a comprehensive understanding.
Peer comparison
Feb 3, 2024