Dick’s Sporting Goods Inc (DKS)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 0 | — | — | 0 | — | 0 | — | 0 | — | 58,271 | — | 152,006 | — | 368,478 | — | — |
| Total assets | US$ in thousands | 10,458,700 | 10,451,800 | 9,935,960 | 9,705,000 | 9,311,750 | 10,164,800 | 9,282,330 | 9,282,330 | 9,357,360 | 9,357,360 | 9,107,810 | 9,107,810 | 8,992,200 | 8,992,200 | 8,956,600 | 8,956,600 | 9,065,280 | 9,065,280 | 9,219,800 | 9,041,680 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.02 | 0.00 | 0.04 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $10,458,700K
= 0.00
Dick’s Sporting Goods Inc has maintained a low and stable debt-to-assets ratio over the past few years, indicating that the company has a conservative approach to financing its operations. As of January 31, 2022, the ratio was 0.00, signifying that there was no debt in relation to its total assets. Subsequently, there were slight fluctuations in the ratio, with a peak of 0.04 on July 30, 2022. However, the ratio quickly decreased back to 0.00 by the end of October 2022.
From January 2023 to January 2025, the debt-to-assets ratio remained consistently low, fluctuating around 0.00, demonstrating the company's ability to manage its debt levels effectively. This stability suggests that Dick’s Sporting Goods Inc may rely more on equity financing rather than debt to support its business activities and potentially indicates strong financial health. Overall, the trend in the debt-to-assets ratio for Dick’s Sporting Goods Inc reflects a prudent financial strategy focused on maintaining a healthy balance sheet.
Peer comparison
Jan 31, 2025