Williams-Sonoma Inc (WSM)
Debt-to-assets ratio
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | 0 | — |
| Total assets | US$ in thousands | 5,273,550 | 4,663,020 | 4,625,620 | 4,661,420 | 4,054,040 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 28, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,273,550K
= 0.00
The debt-to-assets ratio for Williams-Sonoma Inc has consistently been 0.00 for the past five years. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company relies solely on equity financing to support its operations and investments. This could indicate a strong financial position and a conservative approach to managing financial risk. However, it is essential to consider the potential limitations of this ratio, such as lease obligations or off-balance sheet debt, which may not be captured in the calculation. Overall, the consistent 0.00 debt-to-assets ratio suggests a relatively low level of financial leverage within the company's capital structure.