Chewy Inc (CHWY)
Financial leverage ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,014,530 | 3,186,850 | 3,186,850 | 2,515,080 | 2,519,820 |
| Total stockholders’ equity | US$ in thousands | 261,459 | 510,244 | 510,244 | 213,957 | 160,268 |
| Financial leverage ratio | 11.53 | 6.25 | 6.25 | 11.76 | 15.72 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,014,530K ÷ $261,459K
= 11.53
The financial leverage ratio of Chewy Inc has shown a fluctuating trend over the years. As of January 29, 2023, the ratio was relatively high at 15.72, indicating a significant amount of debt relative to equity. However, by January 31, 2024, the ratio had decreased to 6.25, suggesting a reduction in the company's reliance on debt financing. This trend continued into January 31, 2025, where the ratio increased slightly to 11.53, indicating a moderate level of financial leverage. Overall, the company has shown a decreasing trend in its financial leverage ratio, which may reflect efforts to improve its financial stability and reduce potential risks associated with high debt levels.
Peer comparison
Jan 31, 2025