Caleres Inc (CAL)
Financial leverage ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,894,750 | 1,804,750 | 1,804,750 | 1,836,470 | 1,836,470 |
| Total stockholders’ equity | US$ in thousands | 599,024 | 560,631 | 560,631 | 420,683 | 420,683 |
| Financial leverage ratio | 3.16 | 3.22 | 3.22 | 4.37 | 4.37 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,894,750K ÷ $599,024K
= 3.16
The financial leverage ratio of Caleres Inc has shown a decreasing trend over the past few years, dropping from 4.37 in January 2023 to 3.16 in January 2025. This indicates that the company has been reducing its reliance on debt financing in relation to its equity, which can be seen as a positive sign of financial stability and strength. A lower financial leverage ratio suggests that the company is less risky in terms of debt repayment obligations and may have better financial flexibility to weather economic downturns. Overall, the declining trend in the financial leverage ratio of Caleres Inc reflects a healthy balance between debt and equity in the company's capital structure.
Peer comparison
Jan 31, 2025