Autodesk Inc (ADSK)
Financial leverage ratio
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 9,912,000 | 9,438,000 | 8,607,000 | 7,279,800 | 6,179,300 |
| Total stockholders’ equity | US$ in thousands | 1,855,000 | 1,145,000 | 849,000 | 965,000 | -139,000 |
| Financial leverage ratio | 5.34 | 8.24 | 10.14 | 7.54 | — |
January 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $9,912,000K ÷ $1,855,000K
= 5.34
Autodesk Inc's financial leverage ratio has been fluctuating over the past few years. The ratio stood at 5.34 as of January 31, 2024, indicating that the company has $5.34 of assets for every dollar of equity. This represents a decrease from the previous year, when the ratio was 8.24. The company's financial leverage ratio was significantly higher in the two preceding years, reaching 10.14 in 2022 and 7.54 in 2021. The absence of data for 2020 suggests that there might have been a change in the company's financial structure during that period. Overall, the trend in Autodesk's financial leverage ratio indicates variations in the proportion of debt and equity financing used by the company to support its operations and investments.
Peer comparison
Jan 31, 2024