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VRA (Vera Bradley) Debt-to-Equity : 0.31 (As of Jul. 2024)


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What is Vera Bradley Debt-to-Equity?

Vera Bradley's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $17.7 Mil. Vera Bradley's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $58.3 Mil. Vera Bradley's Total Stockholders Equity for the quarter that ended in Jul. 2024 was $242.5 Mil. Vera Bradley's debt to equity for the quarter that ended in Jul. 2024 was 0.31.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

VRA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 0.36   Max: 0.71
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Vera Bradley was 0.71. The lowest was 0.30. And the median was 0.36.

VRA's Debt-to-Equity is ranked better than
59.38% of 938 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs VRA: 0.31

Vera Bradley Debt-to-Equity Historical Data

The historical data trend for Vera Bradley's Debt-to-Equity 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.

* Premium members only.

Vera Bradley Debt-to-Equity Chart

Vera Bradley Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.36 0.30 0.38 0.31

Vera Bradley Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.32 0.31 0.32 0.31

Competitive Comparison of Vera Bradley's Debt-to-Equity

For the Footwear & Accessories subindustry, Vera Bradley's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Vera Bradley's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vera Bradley's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vera Bradley's Debt-to-Equity falls into.



Vera Bradley Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vera Bradley's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Vera Bradley's Debt to Equity Ratio for the quarter that ended in Jul. 2024 is calculated as

* 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.


Vera Bradley  (NAS:VRA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Vera Bradley Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Vera Bradley's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Vera Bradley Business Description

Traded in Other Exchanges
N/A
Address
12420 Stonebridge Road, Roanoke, IN, USA, 46783
Vera Bradley Inc designs women's handbags, travel items, and accessories. Each category comprises a substantial component of total sales, with the bags category comprising the most. most of the company's sales are made directly to customers through Vera Bradley's retail stores and e-commerce sites. The company also has a substantial wholesale business selling to specialty retail and department stores. Almost all company sales are in the United States. Vera Bradley uses third-party manufacturers in Asia to produce its products, and the company distributes the products through its distribution center in Indiana. The Company has three reportable segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The majority of revenue is from the Vera Bradley Direct segment.
Executives
Mary Lou Kelley director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Michael Schwindle officer: CHIEF FINANCIAL OFFICER 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
Alison Hiatt officer: Chief Marketing Officer C/O VERA BRADLEY, INC., 12420 STONEBRIDGE ROAD, ROANOKE IN 46783
Jacqueline Ardrey director, officer: President and CEO C/O VERA BRADLEY, INC., 12420 STONEBRIDGE ROAD, ROANOKE IN 46783
Frances P Philip director ONE ALBION ROAD, LINCOLN RI 02865
Edward M Schmults director C/O VERA BRADLEY, INC., 2208 PRODUCTION ROAD, FORT WAYNE IN 46808
Robert Wallstrom director, officer: President & Chief Exec Officer 12 E. 49TH STREET, NEW YORK NY 10017
Daren Hull officer: Chief Customer Officer C/O VERA BRADLEY, INC., 12420 STONEBRIDGE ROAD, ROANOKE IN 46783
John Enwright officer: VP, Interim Chief Fin. Officer C/O VERA BRADLEY, INC., 12420 STONEBRIDGE RD., ROANOKE IN 46873
Mark C Dely officer: VP - Chief Legal Off. and Sec. 4300 NEW GETWELL RD, MEMPHIS TN 38118
P. Michael Miller director, 10 percent owner C/O VERA BRADLEY, INC., 2208 PRODUCTION ROAD, FORT WAYNE IN 46808
Patricia R. Miller director, 10 percent owner C/O VERA BRADLEY, INC., 2208 PRODUCTION ROAD, FORT WAYNE IN 46808
Nancy Twine director C/O VERA BRADLEY, INC., 12420 STONEBRIDGE ROAD, ROANOKE IN 46783
James Bradley Byrne 10 percent owner 12 CHURCHILL ROAD, MARBLEHEAD MA 01945
Byrne Thomas Farrell Ii 10 percent owner 13114 PERRY LAKE COURT, FORT WAYNE IN 46845