Burlington Stores Inc (BURL)
Financial leverage ratio
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 8,770,410 | 8,442,860 | 7,821,440 | 7,695,250 | 7,706,840 | 7,493,700 | 6,915,540 | 7,003,880 | 7,269,600 | 7,101,510 | 6,733,360 | 6,933,480 | 7,089,510 | 7,277,830 | 6,992,500 | 7,051,040 | 6,781,090 | 6,908,800 | 6,369,930 | 6,640,680 |
| Total stockholders’ equity | US$ in thousands | 1,370,500 | 1,146,490 | 1,070,340 | 1,031,430 | 996,932 | 850,476 | 825,859 | 801,474 | 794,905 | 638,728 | 633,877 | 716,156 | 760,417 | 716,807 | 675,695 | 539,892 | 464,754 | 286,576 | 262,260 | 279,101 |
| Financial leverage ratio | 6.40 | 7.36 | 7.31 | 7.46 | 7.73 | 8.81 | 8.37 | 8.74 | 9.15 | 11.12 | 10.62 | 9.68 | 9.32 | 10.15 | 10.35 | 13.06 | 14.59 | 24.11 | 24.29 | 23.79 |
February 1, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,770,410K ÷ $1,370,500K
= 6.40
The financial leverage ratio of Burlington Stores Inc has shown a downward trend over the past few years, indicating improvements in the company's capital structure efficiency. The ratio decreased from 23.79% in May 2020 to 6.40% in February 2025. This suggests that the company has been reducing its reliance on debt to finance its operations and investments, which can enhance financial stability and reduce bankruptcy risk. A lower financial leverage ratio also indicates that Burlington Stores Inc has a healthier debt-to-equity ratio and is able to meet its financial obligations more comfortably. Overall, the decreasing trend in the financial leverage ratio reflects a positive development in the company's financial health and efficiency in managing its capital structure.
Peer comparison
Feb 1, 2025