Victoria's Secret & Co (VSCO)
Debt-to-assets ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 1,120,000 | — | — | 1,530,000 | — | 1,270,000 | — | 1,271,000 | — | 1,271,000 | — | 1,244,000 | — | 977,000 | — | — |
| Total assets | US$ in thousands | 4,532,000 | 4,921,000 | 4,635,000 | 4,384,000 | 4,600,000 | 4,600,000 | 4,687,000 | 4,687,000 | 4,525,000 | 4,525,000 | 4,405,000 | 4,405,000 | 4,711,000 | 4,711,000 | 4,142,000 | 4,142,000 | 4,072,000 | 4,072,000 | 4,065,000 | 4,344,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.00 | 0.00 | 0.33 | 0.00 | 0.28 | 0.00 | 0.29 | 0.00 | 0.27 | 0.00 | 0.30 | 0.00 | 0.24 | 0.00 | 0.00 |
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 has shown some fluctuations over the past few years. As of January 31, 2022, and for several subsequent reporting periods, the company held negligible levels of debt in relation to its total assets, with a ratio of 0.00 indicating that the company's assets were primarily funded through equity or other non-debt sources.
However, there was an uptick in the debt-to-assets ratio in July 30, 2022, where it reached 0.24, signifying that the company had incurred some debt relative to its asset base. This trend continued to fluctuate over the following periods, with the ratio peaking at 0.33 on October 28, 2023. This increase may indicate that Victoria's Secret & Co had taken on additional debt to support its operations, expansion, or other financial obligations.
Subsequently, the ratio returned to lower levels, falling back to 0.00 in January 31, 2024, and remaining at 0.00 in the following periods up to January 31, 2025. This suggests that the company may have reduced its debt levels or successfully managed its debt-to-assets position back to more comfortable levels.
Overall, monitoring the debt-to-assets ratio provides insights into Victoria's Secret & Co's leverage position, indicating the extent to which the company relies on debt financing versus equity to support its operations and investments. As the ratio fluctuates, it is important for stakeholders to assess the company's financial health and risk management practices in maintaining a sustainable capital structure.
Peer comparison
Jan 31, 2025