Victoria's Secret & Co (VSCO)
Debt-to-assets ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 1,120,000 | — | — | 1,271,000 |
| Total assets | US$ in thousands | 4,532,000 | 4,600,000 | 4,600,000 | 4,711,000 | 4,711,000 |
| Debt-to-assets ratio | 0.00 | 0.24 | 0.00 | 0.00 | 0.27 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,532,000K
= 0.00
The debt-to-assets ratio for Victoria's Secret & Co shows a fluctuating trend over the years. As of January 28, 2023, the ratio stood at 0.27, indicating that 27% of the company's assets were financed by debt. Subsequently, there was a significant decrease in the ratio to 0.00 by January 31, 2023, and maintained at 0.00 through January 31, 2024, suggesting that the company had either reduced its debt levels or increased its asset base significantly.
However, by February 3, 2024, the ratio saw a slight increase to 0.24, implying that 24% of the assets were funded by debt. This could indicate a new borrowing activity or a decrease in total assets compared to the previous periods.
As of January 31, 2025, the debt-to-assets ratio reverted back to 0.00, similar to the situation in 2023 and 2024. This zero ratio suggests that Victoria's Secret & Co either reduced its debt further or experienced substantial growth in its asset base, leading to a fully debt-free position relative to its assets.
Overall, the debt-to-assets ratio for Victoria's Secret & Co reflects a mixed trend with periods of leverage and debt reduction, highlighting the company's ability to manage its debt levels and maintain a healthy balance sheet position.
Peer comparison
Jan 31, 2025