Urban Outfitters Inc (URBN)
Debt-to-equity ratio
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,112,540 | 1,792,680 | 1,745,740 | 1,477,360 | 1,455,360 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,112,540K
= 0.00
The debt-to-equity ratio of Urban Outfitters Inc has consistently been reported as 0.00 for the past five years, from January 31, 2020, to January 31, 2024. This indicates that the company has not had any long-term debt in relation to its equity during this period. A debt-to-equity ratio of 0.00 typically suggests that the company is financing its operations primarily through equity rather than debt. While having no debt can imply lower financial risk, it may also indicate missed opportunities for leveraging financial leverage to potentially enhance returns. It is important to consider the overall financial strategy of the company and its capital structure decisions in relation to its operational and growth objectives.
Peer comparison
Jan 31, 2024