Boot Barn Holdings Inc (BOOT)

Debt-to-assets ratio

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Long-term debt	US$ in thousands	—	—	—	109,781	109,022
Total assets	US$ in thousands	1,705,590	1,517,380	1,199,860	933,581	924,711
Debt-to-assets ratio		0.00	0.00	0.00	0.12	0.12

March 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,705,590K
= 0.00

The debt-to-assets ratio of Boot Barn Holdings Inc has been consistently at 0.00 for the past two fiscal years, indicating that the company has had no debt relative to its total assets during this period. Prior to this, the ratio was at 0.12 for fiscal years 2021 and 2020, suggesting that the company had a modest level of debt compared to its total assets in those years. Overall, the recent trend of a stable and low debt-to-assets ratio may indicate that Boot Barn Holdings Inc has been managing its debt levels effectively and maintaining a strong financial position.

Peer comparison

Mar 31, 2024

Company name

Symbol

Debt-to-assets ratio

Boot Barn Holdings Inc

BOOT

0.00