Dick’s Sporting Goods Inc (DKS)
Debt-to-assets ratio
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 0 | 0 | 0 | 0 | 58,271 | 152,006 | 368,478 | 466,026 | 449,287 | 441,186 | 433,456 | 425,799 | 418,500 | 411,256 | 404,573 | 1,827,120 | 224,100 | 719,300 | 441,500 | 369,500 |
| Total assets | US$ in thousands | 9,311,750 | 9,282,330 | 9,357,360 | 9,107,810 | 8,992,200 | 8,956,600 | 9,065,280 | 9,219,800 | 9,041,680 | 7,999,280 | 8,386,160 | 8,066,580 | 7,752,860 | 7,565,490 | 7,152,570 | 7,952,550 | 6,628,560 | 7,207,000 | 6,915,220 | 6,911,990 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.04 | 0.05 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.23 | 0.03 | 0.10 | 0.06 | 0.05 |
February 3, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $0K ÷ $9,311,750K
= 0.00
The debt-to-assets ratio of Dick’s Sporting Goods Inc has fluctuated over the past several quarters, ranging from 0.00 to 0.23. In general, the company has maintained a low level of debt relative to its total assets, with the highest ratio of 0.23 observed in May 2020 and a consistent trend of below 0.10 thereafter. This signifies that the company relies more on equity financing rather than debt to fund its operations and investments. It is important to note that a lower debt-to-assets ratio is usually considered favorable as it indicates a lower financial risk and greater financial stability for the company.
Peer comparison
Feb 3, 2024