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Buckle (Buckle) Financial Strength

: 7 (As of Jan. 2024)
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Buckle has the Financial Strength Rank of 7.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Buckle's interest coverage with the available data. Buckle's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.21. As of today, Buckle's Altman Z-Score is 5.48.


Competitive Comparison

For the Apparel Retail subindustry, Buckle's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength Distribution

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

* The bar in red indicates where Buckle's Financial Strength falls into.



Buckle Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Buckle's Interest Expense for the months ended in Jan. 2024 was $0 Mil. Its Operating Income for the months ended in Jan. 2024 was $97 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $230 Mil.

Buckle's Interest Coverage for the quarter that ended in Jan. 2024 is

GuruFocus does not calculate Buckle's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Buckle's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(85.265 + 230.141) / 1529.532
=0.21

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Buckle has a Z-score of 5.48, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 5.48 is strong.

* 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.


Buckle  (NYSE:BKE) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Buckle has the Financial Strength Rank of 7.


Buckle Financial Strength Related Terms

Thank you for viewing the detailed overview of Buckle's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Buckle (Buckle) Business Description

Traded in Other Exchanges
Address
2407 West 24th Street, Kearney, NE, USA, 68845-4915
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

Buckle (Buckle) Headlines

From GuruFocus

The Buckle, Inc. Reports June 2023 Net Sales

By Business Wire 07-06-2023

The Buckle, Inc. Reports Quarterly Dividend

By Business Wire Business Wire 06-07-2022

The Buckle, Inc. Reports October 2022 Net Sales

By Business Wire Business Wire 11-03-2022

The Buckle, Inc. Reports May 2022 Net Sales

By Business Wire Business Wire 06-02-2022

The Buckle, Inc. Reports December 2022 Net Sales

By Business Wire Business Wire 01-05-2023

The Buckle, Inc. Reports July 2023 Net Sales

By Business Wire 08-03-2023

The Buckle, Inc. Reports Second Quarter Net Income

By Business Wire 08-18-2023

The Buckle, Inc. Reports November 2023 Net Sales

By Business Wire 11-30-2023

The Buckle, Inc. Reports August 2022 Net Sales

By Business Wire Business Wire 09-01-2022