BJs Wholesale Club Holdings Inc (BJ)
Financial leverage ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 7,065,300 | 6,677,620 | 6,677,620 | 6,349,960 | 6,349,960 |
| Total stockholders’ equity | US$ in thousands | 1,847,450 | 1,458,850 | 1,458,850 | 1,046,840 | 1,046,840 |
| Financial leverage ratio | 3.82 | 4.58 | 4.58 | 6.07 | 6.07 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,065,300K ÷ $1,847,450K
= 3.82
The financial leverage ratio of BJs Wholesale Club Holdings Inc has shown a decreasing trend over the years. As of January 31, 2025, the financial leverage ratio stands at 3.82, indicating that the company has reduced its reliance on debt financing and improved its financial position in terms of debt obligations. This downward trend in leverage suggests that BJs Wholesale Club Holdings Inc is managing its capital structure more efficiently and potentially decreasing its financial risk. Nevertheless, it's important to continue monitoring the financial leverage ratio to ensure the company maintains a healthy balance between debt and equity in its capital structure.
Peer comparison
Jan 31, 2025