Victoria's Secret & Co (VSCO)
Debt-to-equity 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-equity ratio | 0.00 | 2.69 | 0.00 | 0.00 | 3.32 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $453,000K
= 0.00
The debt-to-equity ratio for Victoria's Secret & Co fluctuated over the period provided.
On January 28, 2023, the ratio was 3.32, indicating that the company had a higher level of debt compared to equity. This could suggest that Victoria's Secret & Co relied more on debt financing to sustain its operations at that time.
However, by January 31, 2023, and January 31, 2024, the ratio dropped to 0.00, signaling that the company had no debt relative to its equity. This could imply a significant reduction in debt levels or an increase in equity during those periods.
On February 3, 2024, the ratio increased to 2.69, indicating a higher level of debt compared to equity once again. This change might suggest a shift back towards relying more on debt financing.
Finally, by January 31, 2025, the ratio was back to 0.00, suggesting that the company had once again managed to eliminate its debt relative to equity or significantly lower its debt levels.
Overall, the fluctuation in Victoria's Secret & Co's debt-to-equity ratio over the period indicates varying degrees of reliance on debt financing and changes in the company's capital structure. It is essential to monitor this ratio to assess the company's financial health and risk levels associated with its debt obligations.
Peer comparison
Jan 31, 2025