Academy Sports Outdoors Inc (ASO)
Financial leverage ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,900,960 | 4,676,710 | 4,676,710 | 4,595,440 | 4,595,440 |
| Total stockholders’ equity | US$ in thousands | 2,004,040 | 1,954,650 | 1,954,650 | 1,628,310 | 1,628,310 |
| Financial leverage ratio | 2.45 | 2.39 | 2.39 | 2.82 | 2.82 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,900,960K ÷ $2,004,040K
= 2.45
The financial leverage ratio of Academy Sports Outdoors Inc has been relatively stable over the past few years. It stood at 2.82 as of January 28, 2023 and remained unchanged at the same level on January 31, 2023. Subsequently, there was a decline in the financial leverage ratio to 2.39 as of January 31, 2024, which was maintained at the same level on February 3, 2024. However, there was a slight increase in the ratio to 2.45 as of January 31, 2025.
This indicates that while the company's reliance on debt compared to equity decreased in 2024, there was a marginal increase in 2025. Overall, the financial leverage ratio fluctuated within a narrow range, suggesting that Academy Sports Outdoors Inc has been managing its debt levels effectively during this period.
Peer comparison
Jan 31, 2025