Victoria's Secret & Co (VSCO)
Debt-to-capital ratio
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 977,000 | 978,000 | 978,000 | 689,000 |
| Total stockholders’ equity | US$ in thousands | 417,000 | 220,000 | 279,000 | 265,000 | 383,000 | 235,000 | 247,000 | 227,000 | 257,000 | 252,000 | 884,000 |
| Debt-to-capital ratio | 0.73 | 0.87 | 0.82 | 0.83 | 0.77 | 0.84 | 0.80 | 0.81 | 0.79 | 0.80 | 0.44 |
February 3, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,120,000K ÷ ($1,120,000K + $417,000K)
= 0.73
The debt-to-capital ratio for Victoria's Secret & Co has shown some fluctuation over the past few quarters. It stood at 0.73 as of February 3, 2024, which indicates that the company financed approximately 73% of its capital through debt.
Looking at the trend, the ratio peaked at 0.87 in October 28, 2023, suggesting a higher reliance on debt during that period. Subsequently, it decreased to 0.77 by January 28, 2023, before showing some upward movement in the following quarters.
Overall, the ratio has generally been within the range of 0.77 to 0.87 in the recent period, indicating a moderate level of debt utilization in the company's capital structure. It is essential for investors and stakeholders to closely monitor this ratio to assess the company's financial leverage and risk management practices.
Peer comparison
Feb 3, 2024