Urban Outfitters Inc (URBN)

Debt-to-equity ratio

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	2,112,540	2,046,560	1,967,390	1,850,680	1,792,680	1,738,390	1,707,190	1,695,920	1,745,740	1,746,730	1,669,420	1,534,510	1,477,360	1,431,320	1,350,590	1,298,110	1,455,360	1,429,850	1,361,400	1,447,970
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	0.00	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 for Urban Outfitters Inc has consistently been reported as 0.00 over the past multiple quarters, indicating that the company has not utilized any debt to finance its operations relative to its equity. A debt-to-equity ratio of 0.00 suggests that the company may be following a conservative financial strategy, relying more on equity financing or internal resources rather than taking on debt to fund its business activities. This may imply that Urban Outfitters Inc has a strong financial position with minimal financial leverage and potential lower financial risk compared to companies with higher debt levels. It is important to note that while a low debt-to-equity ratio can be viewed positively, it may also indicate limited access to capital for potential investments or expansion opportunities.