Ulta Beauty Inc (ULTA)
Debt-to-equity 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-equity 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 | 0.45 | 0.46 | 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 been consistently low at 0.00 for the majority of the periods listed, indicating that the company has either no debt or very minimal debt in relation to its equity. However, there are a couple of instances where the ratio was higher at 0.45 and 0.46, which suggests that there may have been a slight increase in debt relative to equity during those periods. Overall, the low debt-to-equity ratio reflects a strong financial position with a lower reliance on debt financing, which could signify a lower risk level for the company in terms of financial leverage.
Peer comparison
Feb 3, 2024