Dick’s Sporting Goods Inc (DKS)
Debt-to-assets ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 0 | — | — | 58,271 |
| Total assets | US$ in thousands | 10,458,700 | 9,311,750 | 9,311,750 | 8,992,200 | 8,992,200 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $10,458,700K
= 0.00
The debt-to-assets ratio for Dick’s Sporting Goods Inc has been consistently low over the years based on the provided data. In January 2023, the ratio was 0.01, indicating that only 1% of the company's assets were financed through debt. Subsequently, in January 2024, February 2024, and January 2025, the ratio remained at 0.00, suggesting that there was no debt relative to total assets during those periods.
A low debt-to-assets ratio generally indicates that the company relies more on equity financing rather than debt to fund its operations and investments. This can be perceived positively by investors and creditors as it signifies lower financial risk and a stronger financial position. Overall, Dick’s Sporting Goods Inc's consistent low debt-to-assets ratio reflects a conservative approach to managing its capital structure and financial obligations.
Peer comparison
Jan 31, 2025