Autodesk Inc (ADSK)

Financial leverage ratio

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020
Total assets	US$ in thousands	10,833,000	10,133,000	9,960,000	9,830,000	9,912,000	9,226,000	9,107,000	9,069,000	9,438,000	8,635,000	8,227,000	8,261,000	8,606,800	8,531,000	7,420,600	7,298,300	7,279,800	5,944,500	5,747,300	5,543,900
Total stockholders’ equity	US$ in thousands	2,621,000	2,616,000	2,474,000	2,161,000	1,855,000	1,482,000	1,206,000	897,000	1,145,000	906,000	740,000	681,000	849,100	1,279,900	1,327,800	1,128,400	965,500	69,300	67,300	-139,100
Financial leverage ratio		4.13	3.87	4.03	4.55	5.34	6.23	7.55	10.11	8.24	9.53	11.12	12.13	10.14	6.67	5.59	6.47	7.54	85.78	85.40	—

January 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $10,833,000K ÷ $2,621,000K
= 4.13

Autodesk Inc's financial leverage ratio has shown a declining trend from 85.40% in July 2020 to 4.13% in January 2025, indicating a significant reduction in the company's reliance on debt to finance its operations and growth. The ratio reached its peak in July 2020 and has since been decreasing steadily over the years. This reduction in the financial leverage ratio suggests that Autodesk has been efficiently managing its debt levels and working towards a stronger equity base. It also indicates a lower financial risk for the company as it has been able to decrease its debt burden relative to its equity. Overall, the decreasing trend in Autodesk's financial leverage ratio signals a positive shift towards a more financially stable position.