Boot Barn Holdings Inc (BOOT)
Debt-to-assets ratio
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | 49,399 | 49,314 | 109,781 | 109,591 | 109,402 | 109,212 | 109,022 | 108,832 | 108,642 | 108,464 |
| Total assets | US$ in thousands | 1,705,590 | 1,673,500 | 1,578,210 | 1,506,470 | 1,517,380 | 1,512,450 | 1,485,940 | 1,321,220 | 1,199,860 | 1,187,980 | 1,037,420 | 950,495 | 933,581 | 892,172 | 864,306 | 903,453 | 924,711 | 876,835 | 862,818 | 810,601 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.05 | 0.12 | 0.12 | 0.13 | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 |
March 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,705,590K
= 0.00
Boot Barn Holdings Inc has maintained a consistently low debt-to-assets ratio over the past several quarters, indicating that the company has minimal debt relative to its total assets. The ratio has remained at 0.00 for most recent quarters, implying that the company's debt level is negligible compared to its asset base. This suggests that Boot Barn Holdings Inc has a strong financial position with a low dependency on debt financing to support its operations and investments. It is worth noting that there was a slight increase in the debt-to-assets ratio in the quarters ending in September 2021 and December 2020, but the ratio remained relatively low overall.
Peer comparison
Mar 31, 2024