Stock Analysis on Net

lululemon athletica inc. (NASDAQ:LULU)

Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

lululemon athletica inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

Microsoft Excel
Feb 2, 2025 Jan 28, 2024 Jan 29, 2023 Jan 30, 2022 Jan 31, 2021 Feb 2, 2020
Accounts payable 271,406 348,441 172,732 289,728 172,246 79,997
Accrued operating expenses 166,745 126,380 169,429 116,822 71,648 43,225
Forward currency contract liabilities 74,638 2,872 25,625 18,985 18,766 1,920
Sales return allowances 73,892 61,634 55,528 41,690 32,560 12,897
Accrued freight 53,121 41,241 57,692 71,390 25,687
Accrued duty 45,400 25,817 21,046 27,182 17,404 16,178
Accrued digital marketing 45,392 20,835
Accrued capital expenditures 36,690 31,936 19,365 9,616 8,653 5,457
Accrued rent 17,962 12,522 12,223 11,254 8,559 8,356
Sales tax collected 16,967 3,088 20,183 13,540 15,246 17,370
Other 28,656 22,230 18,132 20,321 28,344 13,582
Accrued liabilities and other 559,463 348,555 399,223 330,800 226,867 118,985
Accrued compensation and related expenses 204,543 326,110 248,167 204,921 130,171 133,688
Current operating lease liabilities 275,154 249,270 207,972 188,996 166,091 128,497
Current income taxes payable 183,126 12,098 174,221 133,852 8,357 26,436
Unredeemed gift card liability 308,352 306,479 251,478 208,195 155,848 120,413
Other current liabilities 37,586 40,308 38,405 48,842 23,598 12,402
Current liabilities 1,839,630 1,631,261 1,492,198 1,405,334 883,178 620,418
Non-current operating lease liabilities 1,300,637 1,154,012 862,362 692,056 632,590 611,464
Non-current income taxes payable 15,864 28,555 38,074 43,150 48,226
Deferred income tax liabilities 98,188 29,522 55,084 53,352 58,755 43,432
Other non-current liabilities 40,790 29,201 20,040 13,616 8,976 5,596
Non-current liabilities 1,439,615 1,228,599 966,041 797,098 743,471 708,718
Total liabilities 3,279,245 2,859,860 2,458,239 2,202,432 1,626,649 1,329,136
Undesignated preferred stock, $0.01 par value; none issued and outstanding
Exchangeable stock, no par value
Special voting stock, $0.000005 par value
Common stock, $0.005 par value 581 606 611 616 626 621
Additional paid-in capital 638,190 575,369 474,645 422,507 388,667 355,541
Retained earnings 4,109,717 3,920,362 2,926,127 2,512,840 2,346,428 1,820,637
Accumulated other comprehensive loss (424,441) (264,256) (252,584) (195,917) (177,155) (224,581)
Stockholders’ equity 4,324,047 4,232,081 3,148,799 2,740,046 2,558,566 1,952,218
Total liabilities and stockholders’ equity 7,603,292 7,091,941 5,607,038 4,942,478 4,185,215 3,281,354

Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. lululemon athletica inc. current liabilities increased from 2023 to 2024 and from 2024 to 2025.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. lululemon athletica inc. non-current liabilities increased from 2023 to 2024 and from 2024 to 2025.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. lululemon athletica inc. total liabilities increased from 2023 to 2024 and from 2024 to 2025.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. lululemon athletica inc. stockholders’ equity increased from 2023 to 2024 and from 2024 to 2025.