Caleres Inc (CAL)
Financial leverage ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,894,750 | 1,955,940 | 2,019,980 | 1,861,110 | 1,804,750 | 2,035,480 | 1,826,890 | 1,826,890 | 1,903,960 | 1,903,960 | 1,818,080 | 1,818,080 | 1,836,470 | 1,836,470 | 1,948,310 | 1,948,310 | 2,025,210 | 2,025,210 | 1,928,300 | 1,843,930 |
| Total stockholders’ equity | US$ in thousands | 599,024 | 598,284 | 606,062 | 570,304 | 560,631 | 560,631 | 513,382 | 513,382 | 464,992 | 464,992 | 446,317 | 446,317 | 420,683 | 420,683 | 398,444 | 398,444 | 379,133 | 379,133 | 352,236 | 318,570 |
| Financial leverage ratio | 3.16 | 3.27 | 3.33 | 3.26 | 3.22 | 3.63 | 3.56 | 3.56 | 4.09 | 4.09 | 4.07 | 4.07 | 4.37 | 4.37 | 4.89 | 4.89 | 5.34 | 5.34 | 5.47 | 5.79 |
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 been gradually decreasing from 5.79 as of January 31, 2022, to 3.16 as of January 31, 2025. This downward trend indicates that the company is relying less on debt to finance its operations and investments relative to its equity. A decreasing financial leverage ratio typically suggests improved financial stability and lower financial risk for the company, as it has lower levels of debt in its capital structure. This reduction in leverage may result in lower interest payments and better debt management for Caleres Inc, potentially enhancing its profitability and overall financial health. It is important for investors and stakeholders to monitor this ratio over time to assess the company's capital structure and financial risk profile.
Peer comparison
Jan 31, 2025