Dick’s Sporting Goods Inc (DKS)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 3,198,260 | 3,063,380 | 2,924,880 | 2,687,270 | 2,617,280 | 2,617,280 | 2,384,700 | 2,384,700 | 2,644,360 | 2,644,360 | 2,674,170 | 2,674,170 | 2,524,620 | 2,524,620 | 2,377,170 | 2,377,170 | 2,173,510 | 2,173,510 | 2,194,610 | 2,101,590 |
| Debt-to-equity 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 | 0.02 | 0.00 | 0.06 | 0.00 | 0.17 | 0.00 | 0.00 |
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 of Dick’s Sporting Goods Inc has shown stability and a low level of leverage over the past few years. For the most recent period ending January 31, 2025, the company's debt-to-equity ratio stands at 0.00, indicating that the company has no debt and relies entirely on equity to finance its operations.
Looking at the historical trend, there have been occasional spikes in the debt-to-equity ratio, notably in July 30, 2022, when it reached 0.17, and in January 28, 2023, when it rose to 0.02. However, these spikes were short-lived, and the company quickly brought the ratio back down to 0.00 in subsequent periods.
Overall, the consistent low debt-to-equity ratio suggests that Dick’s Sporting Goods Inc has a conservative approach to leverage and maintains a strong financial position with minimal debt obligations. Investors and creditors may view this positively as it indicates financial stability and a lower risk of financial distress.
Peer comparison
Jan 31, 2025