Buckle Inc (BKE)
Financial leverage ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 913,173 | 889,810 | 889,810 | 837,579 | 837,579 |
| Total stockholders’ equity | US$ in thousands | 423,804 | 413,220 | 413,220 | 376,314 | 376,314 |
| Financial leverage ratio | 2.15 | 2.15 | 2.15 | 2.23 | 2.23 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $913,173K ÷ $423,804K
= 2.15
The financial leverage ratio of Buckle Inc has remained relatively stable over the past few years, hovering around 2.2. This indicates that the company relies on a moderate level of debt to finance its operations compared to its equity. The slight decrease in the ratio from 2.23 in January 2023 to 2.15 in January 2025 suggests a potential improvement in the company's ability to meet its financial obligations through equity rather than debt. Overall, the consistent ratio level indicates a balanced capital structure with a manageable level of debt relative to equity.
Peer comparison
Jan 31, 2025