Buckle Inc (BKE)

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 913,173 976,270 940,271 906,070 889,810 889,810 921,207 921,207 861,547 861,547 848,860 848,860 837,579 837,579 884,147 884,147 809,064 809,064 789,034 780,884
Total stockholders’ equity US$ in thousands 423,804 488,389 458,644 433,815 413,220 413,220 474,018 474,018 436,536 436,536 405,174 405,174 376,314 376,314 435,607 435,607 388,978 388,978 353,593 312,924
Financial leverage ratio 2.15 2.00 2.05 2.09 2.15 2.15 1.94 1.94 1.97 1.97 2.10 2.10 2.23 2.23 2.03 2.03 2.08 2.08 2.23 2.50

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 shown a gradual decrease from 2.50 as of January 31, 2022, to 2.15 as of January 31, 2025. This ratio indicates the company's reliance on debt to finance its operations and investments compared to its equity. The decreasing trend in the financial leverage ratio suggests that the company has been reducing its debt levels relative to its equity over the period under review. It could imply a more conservative approach to capital structure management, potentially reducing financial risk and increasing financial stability. However, it is essential to note that a financial leverage ratio around 2 indicates a moderate level of leverage, which could still pose risks depending on the overall financial health and profitability of the company. Further analysis of other key financial ratios and financial performance metrics would provide a more comprehensive assessment of Buckle Inc's overall financial health and leverage position.