Ulta Beauty Inc (ULTA)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,488,350K
= 0.00
Based on the data provided, Ulta Beauty Inc's debt-to-equity ratio has consistently remained at 0.00 over the past few years, including as of January 31, 2025. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure relative to its equity. This may suggest that Ulta Beauty Inc has been primarily financing its operations and expansions through equity rather than debt. Consequently, the company may have a lower financial risk as it is not heavily reliant on borrowed funds, which could lead to lower interest expenses and greater financial stability. However, it's essential to consider other financial metrics and qualitative factors in conjunction with the debt-to-equity ratio to gain a holistic understanding of Ulta Beauty Inc's financial health and leverage position.
Peer comparison
Jan 31, 2025