Boot Barn Holdings Inc (BOOT)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,018,020 | 1,705,590 | 1,517,380 | 1,199,860 | 933,581 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,018,020K
= 0.00
The debt-to-assets ratio for Boot Barn Holdings Inc has consistently remained at 0.00 from March 31, 2021, to March 31, 2025. This indicates that the company has not utilized debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely funded by equity, which could reflect a strong financial position and potentially lower financial risk. However, it is important to note that a low debt-to-assets ratio may also imply missed opportunities for leveraging debt to potentially enhance returns on equity.
Peer comparison
Mar 31, 2025
Company name
Symbol
Debt-to-assets ratio
Boot Barn Holdings Inc
BOOT
0.00
Foot Locker Inc
FL
0.00
Shoe Carnival Inc
SCVL
0.00