Victoria's Secret & Co (VSCO)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 453,000 | 417,000 | 417,000 | 383,000 | 383,000 |
| Debt-to-capital ratio | 0.00 | 0.73 | 0.00 | 0.00 | 0.77 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $453,000K)
= 0.00
Victoria's Secret & Co's debt-to-capital ratio has shown fluctuations over the past few years. As of January 28, 2023, the ratio was at 0.77, indicating that the company had a significant portion of its capital structure funded by debt. However, this ratio dropped to 0.00 by January 31, 2023, and remained at 0.00 for the following fiscal year. This suggests that the company either significantly reduced its debt levels or increased its capital base during this period.
Subsequently, by February 3, 2024, the debt-to-capital ratio increased to 0.73, indicating a higher level of debt in relation to the company's capital. However, as of January 31, 2025, the ratio returned to 0.00, implying that Victoria's Secret & Co may have once again reduced its debt or increased its capital base.
Overall, the debt-to-capital ratio of Victoria's Secret & Co has experienced fluctuations, with the company showing a mix of high and low levels of debt relative to its capital structure over the analyzed period. This highlights the importance of monitoring the company's financial leverage and capital management strategies.
Peer comparison
Jan 31, 2025