Boot Barn Holdings Inc (BOOT)
Financial leverage ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,018,020 | 1,705,590 | 1,517,380 | 1,199,860 | 933,581 |
| Total stockholders’ equity | US$ in thousands | 1,131,060 | 943,643 | 776,450 | 599,676 | 394,891 |
| Financial leverage ratio | 1.78 | 1.81 | 1.95 | 2.00 | 2.36 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,018,020K ÷ $1,131,060K
= 1.78
The financial leverage ratio of Boot Barn Holdings Inc has been showing a downward trend over the past five years. From 2.36 as of March 31, 2021, the ratio decreased to 1.78 as of March 31, 2025. This indicates that the company has been reducing its reliance on debt to finance its operations and investments, which may lead to lower financial risk and increased financial stability. A declining financial leverage ratio is generally viewed positively by investors and creditors as it reflects a stronger financial position and better ability to meet debt obligations.
Peer comparison
Mar 31, 2025