Burlington Stores Inc (BURL)
Financial leverage ratio
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 8,770,410 | 7,706,840 | 7,269,600 | 7,089,510 | 6,781,090 |
| Total stockholders’ equity | US$ in thousands | 1,370,500 | 996,932 | 794,905 | 760,417 | 464,754 |
| Financial leverage ratio | 6.40 | 7.73 | 9.15 | 9.32 | 14.59 |
February 1, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,770,410K ÷ $1,370,500K
= 6.40
The financial leverage ratio for Burlington Stores Inc has shown a decreasing trend over the past five years. Starting at 14.59 in January 30, 2021, the ratio decreased to 9.32 by January 29, 2022. Subsequently, it further decreased to 9.15 by January 28, 2023, indicating a reduction in the company's reliance on debt to finance its operations. By February 3, 2024, the ratio decreased to 7.73, and by February 1, 2025, it dropped to 6.40.
This decreasing trend in the financial leverage ratio suggests that Burlington Stores Inc has been effectively managing its debt levels relative to its assets. Lower leverage ratios indicate a lower level of financial risk and a stronger financial position, which can be beneficial for the company in the long run. It shows that Burlington Stores Inc has been making progress in reducing its debt burden and improving its overall financial health.
Peer comparison
Feb 1, 2025