Dick’s Sporting Goods Inc (DKS)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 3,198,260 | 2,617,280 | 2,617,280 | 2,524,620 | 2,524,620 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,198,260K
= 0.00
The debt-to-equity ratio for Dick’s Sporting Goods Inc has been consistently low over the past few years, with a ratio of 0.02 as of January 28, 2023, and a ratio of 0.00 for the subsequent years up to January 31, 2025. This indicates that the company has minimal debt relative to its equity, which may reflect a conservative financial strategy. A low debt-to-equity ratio suggests that the company is relying more on equity financing rather than debt to support its operations and growth, which can be seen as a positive sign of financial stability and lower financial risk.
Peer comparison
Jan 31, 2025