Abercrombie & Fitch Company (ANF)

Financial leverage ratio

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Total assets US$ in thousands 3,299,890 3,269,870 3,049,560 2,970,080 2,974,230 2,974,230 2,897,650 2,897,650 2,796,710 2,796,710 2,558,080 2,558,080 2,713,100 2,713,100 2,693,990 2,693,990 2,734,090 2,734,090 2,607,300 2,939,490
Total stockholders’ equity US$ in thousands 1,335,630 1,247,130 1,206,530 1,078,890 1,035,160 1,035,160 866,108 866,108 768,306 768,306 701,857 701,857 694,841 694,841 646,231 646,231 661,788 661,788 695,361 826,090
Financial leverage ratio 2.47 2.62 2.53 2.75 2.87 2.87 3.35 3.35 3.64 3.64 3.64 3.64 3.90 3.90 4.17 4.17 4.13 4.13 3.75 3.56

January 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,299,890K ÷ $1,335,630K
= 2.47

The financial leverage ratio of Abercrombie & Fitch Company shows a declining trend from January 31, 2022, where it was 3.56, to January 31, 2025, where it stands at 2.47. This indicates that the company has been progressively reducing its financial leverage over the years. A decreasing trend in the financial leverage ratio suggests that the company is relying less on debt financing to fund its operations and growth. Lower leverage ratios can indicate a lower financial risk and potentially better financial health for the company. However, it is essential to assess the company's overall financial position and performance comprehensively, considering other financial metrics and factors to gain a holistic understanding of its financial strength and stability.