Abercrombie & Fitch Company (ANF)
Financial leverage ratio
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,974,230 | 2,713,100 | 2,939,490 | 3,314,900 | 3,549,660 |
| Total stockholders’ equity | US$ in thousands | 1,035,160 | 694,841 | 826,090 | 936,628 | 1,058,810 |
| Financial leverage ratio | 2.87 | 3.90 | 3.56 | 3.54 | 3.35 |
February 3, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,974,230K ÷ $1,035,160K
= 2.87
The financial leverage ratio for Abercrombie & Fitch Company has shown fluctuations over the past five years. The ratio declined from 3.35 in fiscal year 2020 to 3.54 in fiscal year 2021, before decreasing further to 3.56 in fiscal year 2022. However, in the most recent fiscal year, the financial leverage ratio saw a significant decrease to 2.87, indicating a lower level of financial leverage. This suggests that the company relied less on debt financing in the most recent period compared to the previous years. Analyzing this trend can provide insights into the company's capital structure decisions and overall financial health over the years.
Peer comparison
Feb 3, 2024