BJs Wholesale Club Holdings Inc (BJ)
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 | 7,065,300 | 7,216,220 | 6,929,900 | 6,824,730 | 6,677,620 | 6,677,620 | 6,837,240 | 6,837,240 | 6,603,900 | 6,603,900 | 6,494,500 | 6,494,500 | 6,349,960 | 6,349,960 | 6,478,900 | 6,478,900 | 6,387,240 | 6,387,240 | 6,010,000 | 5,696,480 |
| Total stockholders’ equity | US$ in thousands | 1,847,450 | 1,762,170 | 1,654,910 | 1,527,420 | 1,458,850 | 1,458,850 | 1,353,700 | 1,353,700 | 1,231,290 | 1,231,290 | 1,131,730 | 1,131,730 | 1,046,840 | 1,046,840 | 942,875 | 942,875 | 853,591 | 853,591 | 721,342 | 648,108 |
| Financial leverage ratio | 3.82 | 4.10 | 4.19 | 4.47 | 4.58 | 4.58 | 5.05 | 5.05 | 5.36 | 5.36 | 5.74 | 5.74 | 6.07 | 6.07 | 6.87 | 6.87 | 7.48 | 7.48 | 8.33 | 8.79 |
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 from 8.79 in January 2022 to 3.82 in January 2025. This indicates that the company has been gradually reducing its reliance on debt to finance its operations and investments. A lower financial leverage ratio suggests a stronger financial position and lower risk, as the company is financing a smaller portion of its assets with debt. Overall, this declining trend in the financial leverage ratio reflects a more conservative approach to capital structure management by BJs Wholesale Club Holdings Inc over the analyzed period.
Peer comparison
Jan 31, 2025