Buckle (Buckle) Cash-to-Debt

: 0.92 (As of Jan. 2024)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Buckle's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.92.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Buckle couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Buckle's Cash-to-Debt or its related term are showing as below:

BKE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.62 Med: 5000.53 Max: No Debt
Current: 0.92

During the past 13 years, Buckle's highest Cash to Debt Ratio was No Debt. The lowest was 0.62. And the median was 5000.53.

BKE's Cash-to-Debt is ranked better than
63.38% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs BKE: 0.92

Buckle Cash-to-Debt Historical Data

The historical data trend for Buckle's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Buckle Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

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0.62

1.05

0.93

0.90

0.92

Buckle Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.90	0.93	1.05	1.17	0.92

Competitive Comparison

For the Apparel Retail subindustry, Buckle's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Buckle Cash-to-Debt Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Buckle's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Buckle's Cash-to-Debt falls into.

Buckle Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Buckle's Cash to Debt Ratio for the fiscal year that ended in Jan. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	290.423	/	(85.265	+	230.141)
	=	0.92

Buckle's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	290.423	/	(85.265	+	230.141)
	=	0.92

Buckle (NYSE:BKE) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Buckle Cash-to-Debt Related Terms

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Buckle (Buckle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Buckle Inc (NYSE:BKE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BK2:Germany BK2:Germany

Address

2407 West 24th Street, Kearney, NE, USA, 68845-4915

Website

https://www.buckle.com

Buckle Inc is a retailer of casual apparel, footwear, and accessories. The company retails medium to better-priced casual apparel, footwear, and accessories for fashion-conscious young men and women. It retails under the brand names 'Buckle' and 'The Buckle'. Buckle markets a wide selection of mostly brand-name casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear.

Executives

Kelli D Molczyk	officer: SVP Women's Merchandising	2407 W 24TH STREET, KEARNEY NE 68845
Brett P Milkie	officer: SVP Leasing
Dennis H Nelson	director, officer: President & CEO
Thomas B Heacock	director, officer: SVP Finance, Treasurer, & CFO	2407 W 24TH STREET, KEARNEY NE 68845
Bill L Fairfield	director	111 SOUTH CALVERT STREET, SUITE 1900, BALTIMORE MD 21202
Michelle Hoffman	officer: VP SALES	2407 W 24TH STREET, KEARNEY NE 68845
Kari G Smith	officer: VP of Sales
Shruti S Joshi	director	2407 W 24TH STREET, KEARNEY NE 68845
Diane L Applegate	officer: VP SUPPLY CHAIN & MERCH OP	2407 W 24TH STREET, KEARNEY NE 68845
John P Peetz	director	2407 W 24TH STREET, KEARNEY NE 68845
Robert M Carlberg	officer: VP MEN'S MERCHANDISING	2407 W 24TH STREET, KEARNEY NE 68845
Karen B Rhoads	director, officer: VP of Finance, Treasurer & CFO
James E Shada	director, officer: Executive VP Sales
Bruce Hoberman	director
Angie J Klein	director	2407 W 24TH STREET, KEARNEY NE 68845