Designer Brands Inc (DBI)
Financial leverage ratio
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,076,230 | 2,009,620 | 2,014,630 | 1,976,600 | 2,465,070 |
| Total stockholders’ equity | US$ in thousands | 362,508 | 436,056 | 412,396 | -3,286 | -2,495 |
| Financial leverage ratio | 5.73 | 4.61 | 4.89 | — | — |
February 3, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,076,230K ÷ $362,508K
= 5.73
The financial leverage ratio of Designer Brands Inc has been fluctuating over the past few years, indicating changes in the company's level of debt relative to its equity. The ratio stood at 5.73 as of February 3, 2024, showing an increase from the previous year's ratio of 4.61. This suggests that the company's reliance on debt has increased, potentially heightening financial risk. Comparing to the ratios from Jan 29, 2022, and Jan 30, 2021, at 4.89 and an unknown value respectively, we see variations in the company's capital structure. It is important for stakeholders to monitor this ratio closely as significant changes in financial leverage can impact the company's ability to meet its financial obligations and affect its overall financial health.
Peer comparison
Feb 3, 2024