Boot Barn Holdings Inc (BOOT)
Financial leverage ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,018,020 | 2,013,020 | 1,866,780 | 1,774,460 | 1,836,010 | 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 |
| Total stockholders’ equity | US$ in thousands | 1,131,060 | 1,090,570 | 1,016,660 | 981,822 | 943,643 | 910,945 | 852,386 | 813,696 | 776,450 | 729,210 | 673,937 | 639,534 | 599,676 | 553,279 | 481,257 | 439,877 | 394,891 | 362,608 | 330,034 | 322,546 |
| Financial leverage ratio | 1.78 | 1.85 | 1.84 | 1.81 | 1.95 | 1.84 | 1.85 | 1.85 | 1.95 | 2.07 | 2.20 | 2.07 | 2.00 | 2.15 | 2.16 | 2.16 | 2.36 | 2.46 | 2.62 | 2.80 |
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 decreasing trend over the past few years. The ratio decreased from 2.80 as of June 30, 2020, to 1.78 as of March 31, 2025. This indicates that the company's reliance on debt to finance its operations has been reducing over this period.
A financial leverage ratio of less than 1 suggests that the company has more equity than debt in its capital structure, which can be seen as a positive sign of financial health and stability. However, it is important to note that a low leverage ratio could also indicate underutilization of debt, which might limit the company's potential for growth and profitability.
Overall, the decreasing trend in Boot Barn Holdings Inc's financial leverage ratio suggests a cautious approach towards debt management, potentially aiming for a more balanced capital structure to mitigate financial risks and enhance long-term sustainability.
Peer comparison
Mar 31, 2025